AUD News 

AUD/USD looks poised for a retest of the daily moving averages

“My bias after the Q1 GDP report last year has been bearish on the aussie since near the 0.8000 levels” reports AUD/USD is trading at 0.7771 just shy of the highs today at 0.7778. And as long as that stays in the fold, it’s tough to see the aussie side of the equation backing up the pair more than it currently has.

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