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Trade of the Week: short AUD/USD


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As the banking crisis seems to abate and the price of gold is coming off, AUD/USD is expected to resume its descent from its February highs.

We would thus like to short AUD/USD at $0.6665 with a stop-loss at $0.6760 and a downside target at $0.6175.

 

Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Monday 27 March 2023 

 

 

 

 

 

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