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AUDUSD lower on the day after squeeze higher post RBA decision yesterday stalls

In this video, we analyze the recent price action of AUDUSD, which experienced a lower movement following a failed breakout after the RBA decision.

The pair's upward momentum yesterday faltered as it encountered resistance at the 100-day and 200-day moving averages around the 0.6693 level. Join us as we discuss the significance of this price development and explore the potential implications for AUDUSD going forward.

Gain valuable insights into the role of these key moving averages and the impact they have on the pair's price movements.
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