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AUD/USD Breaks Out of Descending Channel to Trade Above 50-Day SMA https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2021/09/02/AUDUSD-Breaks-Out-of-Descending-Channel-to-Trade-Above-50-Day-SMA.html AUD/USD may stage a larger recovery over the remainder of the week as the exchange rate trades above the 50-Day SMA (0.7375) for the first time since June.

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