AUD/USD falls to test key support levels, can buyers hold? ...Middle East

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AUD/USD falls to test key support levels, can buyers hold?
The low earlier today hit 0.6583 and that brings in a test of the 200-day moving average (blue line) at 0.6584. The 50.0 Fib retracement level also sits nearby at 0.6580, so there are key technical levels in play now for AUD/USD. The pair is already seeing its worst streak since August last year, and is poised for an eighth consecutive daily decline.But amid a test of the key levels above, the onus is now on buyers to see if they have the appetite to hold price action from a further drop.There are also some large expiries at 0.6600 today so that could help in drawing some flows before we get to US trading at least.That being said, the bigger picture outlook for the pair continues to rest on

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