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AUD/USD Price Forecast: Tests 0.7000 support as 14-day RSI suggests overbought conditions

AUD/USD depreciates after three days of gains, trading around 0.7000 during the early European hours on Friday. Daily chart analysis indicates that the pair is remaining within the ascending channel pattern, indicating a persistent bullish bias.
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Germany Import Price Index (YoY) above expectations (-2.6%) in December: Actual (-2.3%)

Germany Import Price Index (YoY) above expectations (-2.6%) in December: Actual (-2.3%)
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