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Aussie Dollar Recovers As Risk Sentiment Improves
The Australian dollar slightly recovers against the dollar as concerns over increased tensions in the Middle East diminish following Iran’s announcement that the drone attack did not cause damage to nuclear facilities in Isfahan. Besides that, the purported attack from Israel, yet to be officially acknowledged by them but confirmed by US officials, seemed to be of a limited scale. In the meantime, Iran stated that they currently have no intentions for immediate retaliation. Following the news, market sentiment turns upbeat and the appeal for risky assets improves. Technical Analysis: * Technical Breakout: AUDUSD ... (full story)