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Gold price outlook: why precious metal is still the safe-haven for investors in 2024? ×

Trading the Trend: Short AUD/NZD

MongiIG

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MongiIG

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Following the Australian central bank's latest rate hike to 3.6% and its dovish outlook, the Australian dollar has depreciated which is why we would like to sell AUD/NZD at $1.0786 with a stop loss at $1.0950 and a downside target at $1.0550.

 

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