AUDUSD: Gain from US Current Account deficit widening
A US current account deficit means an economy is funded externally. The key point is that the funding needs of the US are only accelerating. AUD/USD turns from key support pivot- rebound testing initial resistance.
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Disclaimer
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.