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EUR/AUD Price Forecast: Tests 1.6300, nine-day EMA, descending channel’s upper boundary

The EUR/AUD cross gains ground for the third consecutive day, trading near the 1.6300 mark during the Asian session on Thursday.
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Forex Today: US Dollar frenzy continues ahead of PPI data and Powell

Here is what you need to know on Thursday, November 14: Following a subdued performance on Wall Street on Wednesday, Asian markets turned south amid persistent worries over China’s economy, despite the recent stimulus measures rolled out to spur growth.
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