AUD/USD Daily Forecast and Technical Analysis for June 25, 2024, by Chris Lewis for FX Empire

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The Australian dollar has initially tried to rally during the early hours on Tuesday, but as we have seen multiple times, it has failed to break out to the upside. Ultimately, this is a short-term trading environment under the best of circumstances. Until we break out, I don’t look at this for anything other than a short-term scalp from time to time.

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