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What's going on with the AUD/USD?
On the daily chart, the AUD/USD continues to move between the 20-day Simple Moving Average (SMA) and the 55-day SMA (0.6505). The 0.6400 level has become a relevant support, and a consolidation below it should bring further weakness to the Aussie, exposing the 20-day SMA at 0.6360.What is the change in AUD rate from previous day?
Change in AUD rate from previous day is -0.97%. In case you are looking to get the best Australian Dollar rates in your area, try BookMyForex. You can buy as well sell AUD at the best exchange rates with BookMyForex which provides foreign exchange at live and transparent rates.Why did AUD/USD fall to 0.6400?
AUD/USD falls to near 0.6400 as the appeal for the US Dollar improves. The US Dollar strengthens ahead of Powell’s speech. RBA Bullock kept hopes of further rate-tightening alive, citing that the progress in inflation declining to 2% has slowed.Can I buy and sell Australian dollars online?
In contrast with banks and other institutions, you can buy and sell Australian Dollars online while sitting in the comfort of your own home. With BookMyForex, you won't have to haggle as we compare the rates of more than a hundred money changers near your location to find you the best exchange rate for the Australian Dollar.- Terms & Agreement
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