AUDUSD gave death crossover in 4Hr time frame and sustaining lower levels. Looking breakdown ?

AUDUSD was down on Wednesday after testing the high level of 0.6694 in the last trading session as the Australian dollar traded around $0.666 on Wednesday, hovering close to its lowest levels in six weeks as the greenback and Treasury yields strengthened on robust economic data and deficit worries in the US. Markets still expect the Federal Reserve to cut interest rates again in November and December, but scaled back bets on further policy easing next year.

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Varun Sharma

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