AUD/USD Price Analysis: Fails to justify weekly bearish channel breakout around 0.6900

AUD/USD pares intraday gains around 0.6900, the first in six days, as the quote fails to extend the short-term channel breakout heading into Wednesday
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US Dollar Index pares the first daily loss in six around 105.50 as bulls await Fed

US Dollar Index (DXY) trims the daily loss as buyers flex muscles ahead of the key Federal Open Market Committee (FOMC) on Wednesday. That said, the g
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