Australian Dollar Forecast Calls for Weakness
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The Australian Dollar remains in a precarious position as it trades near key resistance. Current retail FX trader positioning warns it is likely to fail and trade lower.
See next currency section: NZDUSD - New Zealand Outlook Remains in favor of Depreciation
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.