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AUD benefitted from improved risk appetite...>

AUSSIE
AUSSIE: AUD benefitted from improved risk appetite overnight and remains at the
top of G10 with gains of 0.43%. Developments in US-China trade relations were
the main driver, with solid gains seen across the equity space.
- AUDUSD extended to $0.7162, before meeting resistance from the 100-dma. Above
here opens the 61.8% fibo of $0.7295-0.7054 & Feb 21 high at $0.7203/07.
- AUDJPY improved to Y79.37 with topside focus on a break of the 100-dma & Feb
21 high at Y79.81/82.
- EURAUD closed under the 100-dma (A$1.5908) Friday and extended the downtrend
through the 200-dma (A$1.5861) to A$1.5843. Expect support through A$1.5810/00
which holds a number of previous lows & the 76.4% fibo of A$1.5743-1.6019.  

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