AUD/USD Shifts Directions: Revisiting Market Levels After China News
The AUD/USD currency pair has reversed its Friday losses, climbing 0.9% from around 0.6385 to 0.6447. This resurgence follows market reactions to recent developments in China. After testing lows below 0.6400—the lowest since August—this bounce suggests possible strength as traders reassess their positions. Market participants should monitor levels of support and resistance as the pair navigates through these critical thresholds in the coming sessions.
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