The AUD/USD pair is returning to a key support level, while the EUR/USD pair is in a consolidation phase and the USD/JPY pair is exploring upside potential. This information comes from IG International, a trusted source in the financial industry. The AUD/USD pair is showing signs of weakness as it revisits a support level, indicating a possible downward trend. Meanwhile, the EUR/USD pair is in a period of consolidation, suggesting a lack of clear direction in the market. On the other hand, the USD/JPY pair is testing higher levels, hinting at potential gains in the near future. Traders should closely monitor these pairs for any significant movements that may impact their trading decisions.
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