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💱🔺 Entered Long AUD/USD, Target 0.700: TD Strategy

Writer's picture: Rosbel DuránRosbel Durán
  • Entered long AUD/USD with a target of 0.700, expected to hold this view 1-2 months

  • China reopening to benefit AUD, additional support if U.S. data continues to slow relative to RoW

  • The softer than expected U.S. inflation print helps avoid risks of a USD consolidation into the May Fed meeting

- TD Strategy


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