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January 17, 2025

AUD/USD Builds Upward Momentum: What Traders Need to Know

The Australian Dollar (AUD) shows signs of building upward momentum. Currently, this currency pair is expected to range between 0.6185 and 0.6230 in the short term. Traders should focus on a pivotal breakout level at 0.6245 for a potential move towards 0.6300. The analysts at Entreprenerdly.com, Quek Ser Leang and Peter Chia, provide this valuable insight. Keep an eye on these fluctuations as market sentiment and economic data evolve to shape AUD movements.

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