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AUD/USD Nears Multi-Decade High

AUD/USD Nears Multi-Decade High

Thomas Long, Course Instructor

The series of higher highs and higher lows has resulted in this pair trading within 100 pips of a multi-decade high. This means a strong uptrend and to continue to look for buying opportunities. I would maintain a bullish bias as long as the pair remains above the .95405 low noted on the chart.

AUDUSD_body_69449d1286893924-trend-day-audusd-1012.png, AUD/USD Nears Multi-Decade High

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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