AUD/USD Long Term Forecast and Technical Analysis for June 21, 2024, by Chris Lewis for FX Empire

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The Australian dollar continues to underwhelm. Ultimately, this is a market that is simply looking for some type of momentum, but right now we just don’t have it. Because of this, I think you have to be very cautious about trying to trade this market from the longer term, but if we can break out of the massive triangle, it could open up a big trade.

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