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Key Points: - The U.S. 10-year Treasury yield rose to 4.6290%, exceeding the 4.60% level for the first time since May 30. - Japan's Finance Minister Shunichi Katsunobu stated, "The yen is currently showing unilateral and rapid movements, and we are deeply concerned about the recent exchange rate trends." - Reports indicate that the Chinese government will issue a record-high 3 trillion yuan in special bonds next year, expected to be used for subsidy programs to boost consumption, upgrade corporate equipment, and support investment in high-tech industries.
Major Economic Events: + December 26: Boxing Day
AUD/USD Chart Analysis: After breaking below the 0.64000 level, AUD/USD formed a bottom near the 0.62000 level and is now showing signs of a rebound. This upward movement is expected to reach the 0.64000 level in the short term. However, the overall trend is anticipated to shift downward again, potentially breaking below the 0.62000 level and extending losses to the 0.60000 level.
Conversely, if the pair breaks back above the 0.64000 level, it could rise further to the 0.66000 level.
If unexpected movements occur, I will promptly adjust the strategy.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.