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50-DMA Providing Support After.........>

AUSSIE TECHS
AUSSIE TECHS: 50-DMA Providing Support
After falling below the 50-dma at 0.7185 as risk sold off, AUDUSD has recovered
this level at the time of writing. A close below here would open up a return to
the ytd lows of 0.7021. To the topside, the 100-dma at 0.7235 provides the first
resistance ahead of the 0.7400 handle for the next leg higher.

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