AUD/USD looks poised for longest losing streak since August last year ...Middle East

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AUD/USD looks poised for longest losing streak since August last year
After having hit its highest since the opening day in January, the pair has seen quite a pullback in the last week. The drop after nearly touching the 0.6800 mark now sees the pair down 2.5% from its high on 11 July. And the pair looks poised for a seventh straight day of losses now:Despite stocks faring better yesterday to start the week, there was no reprieve for the aussie. The dollar is keeping in good stead and that now sees the pair return lower targeting a couple of key support levels.Of note, the 28 June low at 0.6619 is within touching distance but keen eyes will be on the 100-day moving average (red line) at 0.6607 instead. That alongside the 200-day moving average (blue line) at 0

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