AUD/USD technical analysis: Symmetrical triangle confines moves ahead of China data

While observing the AUD/USD pair’s trading pattern since April 30 on an hourly chart, a short-term symmetrical triangle grabs market attention.
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Breaking: Reserve Bank of New Zealand cuts key interest rate to 1.50%, NZD slumps to 0.6550

At its May monetary policy meeting on Wednesday, New Zealand’s central bank, the Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate (OCR) t
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