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AUD/USD Analysis: Aussie Bounces Back After Selloff

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AUD/USD phg12244
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Hammer candle, hot NFP, and a China tailwind, sure, price bounced. But calling this a takeoff ignores the real drivers. Aussie isn’t leading anything, it’s still a proxy for China sentiment and global risk appetite. The 0.67 level isn’t a breakout zone, it’s just noise unless macro shifts confirm it. Bond volatility + USD flows are the real puppeteers here. Trade what’s moving the market, not just what the candles suggest.