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AUD/USD hits 2-day highs

FXStreet (Córdoba) - AUD/USD continued to move with an upside bias and climbed to 0.8786, reaching the highest price since last Thursday. The pair holds near daily highs as the US dollar remains weak in the market.

AUD/USD testing 0.8785/90

The aussie so far has been unable to approached 0.8800 as the area around 0.8785/90 continues to offer resistance. A break higher could give bullish momentum to the pair.

Currently trades at 0.8765/70 , up 1% for the day, recovering after falling sharply during the previous two trading days when it retreated from 0.8897. The decline from levels near 0.8900 found support on Monday’s Asian session at 0.8650; since then it has been moving with an upside bias.

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