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June, 29 - AUD/USD fights for 0.6900 once again

audusd2906Having found fresh bids once again just shy of 0.6850, AUD/USD extends the bounce towards 0.6900 into early European dealings, as the bulls attempt another run to take-out the latter.

The uptick in the aussie is mainly because the US dollar remains on the back foot starting out a new week, as markets trade with cautious optimism. Growing fears over the coronavirus second wave globally outweigh the optimism over the economic re-openings.

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