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AUD closed above the 100-dma yesterday,......>

AUSSIE
AUSSIE: AUD closed above the 100-dma yesterday, extending the uptrend through
Asia to $0.7220. AUD drew support overnight after the release of firmer Retail
Sales and strong gains in CNH/CNY following renewed US-China trade optimism.
Near-term resistance is seen at $0.7227/40 from the upper Bollinger band (2%) &
76.4% retracement of $0.7394-0.6741. AUDJPY consolidated above the Y78.00 level
with bulls targeting a break of the Dec 26 high & 61.8% fibo of Y84.02-70.64 at
Y78.74/92. EURAUD traded through the 100-dma (A$1.5992) to A$1.5965. AUDCAD
based ahead of the 100-dma (C$0.9460) yesterday with the recovery extending to
C$0.9532, bulls target a topside break of the 200-dma at C$0.9588, ahead of the
ytd high at C$0.9623.     

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