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April 29, 2025

AUD/USD Surges As NZD/USD Struggles

On the hourly chart for AUD/USD at FXOpen, this currency pair has initiated a fresh upward trend from the support level of 0.6345. The Australian Dollar successfully broke through the resistance level at 0.6375, placing it in a favorable position against the US Dollar. Traders are optimistic as this rise indicates a potential strengthening of the Aussie amidst market fluctuations. Observers are keenly monitoring these developments to assess how sustained this uptrend can be.

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