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AUD/USD Price Forecast: August 29, 2024

The AUD/USD currency pair continues its upward trajectory, having surpassed the $0.6800 barrier. This supports the ongoing bullish trend, with the next target set at $0.6870.

The bullish channel remains intact, guiding the anticipated upward movement. However, a drop below $0.6728 would disrupt this trend and could lead to a decline.

Today’s expected trading range is between $0.6750 and $0.6850.

Trend Forecast: Bullish

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