Australian Dollar Recovers Nicely. Trade $AUDUSD today:
At this point, it looks as if the Aussie is trying to completely wipe out all of the losses from the previous session, but it is worth noting that we have not broken above the top of the nasty candlestick from the Monday session. If we were to break above the top of that area, then it will make a serious challenge to break out of what has been extraordinarily troublesome resistance.That resistance is at the 0.7275 handle and has been tested multiple times.
The jobs number coming out on Friday could have its say as to where we go with the greenback, but you should also pay attention to hard
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