AUD/USD retracted last week, losing about 65 points. The pair closed at 0.7250. There are seven events on the schedule this week. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD.
Australian job numbers sagged last week, briefly pushing AUD/USD to lower levels. The news wasn’t very good out of the US either, as poor retail sales and weak manufacturing data weighed on the greenback.
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