AUDUSD sustains on daily lower levels, waiting breakdown.

AUDUSD was down on Friday after testing the high level of 0.6660 in the last trading session as the Australian dollar steadied around $0.663 on Friday, but traded close to its lowest levels in over two months as the greenback and Treasury yields rallied further on expectations of more cautious Federal Reserve rate cuts and bets that Trump will win in November. Domestically, investors digested data showing private sector activity in Australia neared stabilization in October as services activity expanded further.

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Varun Sharma

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