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A limited session for AUD/USD thus far,......>

AUSSIE: A limited session for AUD/USD thus far, with the rate dealing 5 pips or
so softer at $0.7048, with no reaction to the latest, soft, CoreLogic house
price index print.
- This comes after the rate finished virtually unchanged Monday. Bulls needs a
close above down trendline resistance at $0.7063, to open up a the 50-DMA &
100-DMA. The psychological $0.7000 level is increasing in importance, with the
2018 low of $0.7017 providing the last line of support ahead of the figure.
- Lower tiered data scheduled on the AU docket during the remainder of the week,
with trade balance & retail sales due next week.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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