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AUD fell from the top to the bottom of G10...>

AUSSIE
AUSSIE: AUD fell from the top to the bottom of G10 overnight and continued heavy
at the European crossover. AUDUSD briefly cleared $0.72 after the release of a
strong domestic labour report, but was quick to pare gains after Westpac changed
its RBA rate call to two cuts by the RBA in 2019, in August and November. The
rate encountered further pressure back under $0.71 after a Rtrs source story
reporting that China's Dalian customs bans Australian coal imports indefinitely.
- AUDUSD touched react lows of $0.7086, but has since recovered to $0.7131. The
100-dma & 61.8% fibo of daily range provide near term resistance at $0.7161.
While a break of the Asia low brings the Feb 12 low at 0.7054 back into view.
- AUDJPY stalled just shy of the 100-dma (Y79.84) with the retracement extending
to Y78.44. Rate based ahead of the 50-dma (Y78.42), below here opens a move
toward the Y78.00 level which holds 76.4% fibo support of Y77.44-79.82.
- AUDNZD briefly dipped under NZ$1.04, before recovering to the NZ$1.0430/40
area. A downside break puts focus back on the ytd low at NZ$1.0369.
- Despite a minor pullback off the high, EURAUD holds above the 100-dma
(A$1.5916) and will be monitored at the close. Last A$1.5940.

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