Australian dollar accelerated lower on Monday, driven by fresh risk aversion that inflated its US counterpart. The Aussie hit new two-year low and generate strong bearish signal on break through important Fibo support at 0.6758 (50% retracement of 0.5509/0.8007, 2020/2021 rally) with close below this level to verify the signal and open way for further […]
The post AUD/USD: Aussie Hits New 2-Year Low on Fresh Risk Aversion appeared first on Action Forex.
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