The foreign exchange market is often characterized by rapid fluctuations and intricate trends, and two currency pairs currently showcasing significant activity are AUD/USD and NZD/USD. In this article, we will analyze both pairs’ recent behavior, identify key support and resistance levels, and discuss implications for future price movements. Recent Developments in AUD/USD The Australian Dollar
Technical Analysis
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The USD/JPY currency pair has recently encountered significant resistance in its attempt to rally. After a brief recovery wave propelling the value above the 154.00 mark, the pair met a formidable barrier at the 154.80 level. In fact, the charts illustrate a consistent struggle for the USD to maintain upward momentum once it approaches this
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