The dollar is holding firmer as we start the day and that is putting pressure on other major currencies now. AUD/USD has not enjoyed a good time to start the year, not helped by China woes as well in recent weeks. But in the case of yesterday and today, the post-Fed reaction is the key factor in play.That is seeing the dollar post gains while equities slumped heavily, after Powell said that March is not the 'base case' for rate cuts.As such, AUD/USD has now broken out of its mini-consolidation range. Sellers are now eyeing a test of its 100-day moving average (red line) at 0.6529. And that will be a key technical support level to watch out for before the end of the week.Besides that, there i
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