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EUR/AUD: Exciting starting position

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EUR/AUD: Exciting starting position

In the period between August 2022 and August last year, the common currency Euro steadily gained in value and was able to expand its gains from AUD 1.4284 to a total of AUD 1.7065. But then the mood among investors changed and the pair initially entered a sideways consolidation with corresponding support around AUD 1.6225. The value still remains in this,

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