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AUD/USD has extended losses on the back of...>

AUSSIE
AUSSIE: AUD/USD has extended losses on the back of comments from RBA Dep Gov
Debelle, who said that further AUD depreciation would help the Australian
economy, while if rates fell to "around 0.5%" the central bank would have to
consider "other options."
- The rate last sits at $0.6761, 14 pips lower on the day, but slightly away
from lows. The 23.6% fibo retracement of the Jul-Aug slide at $0.6773 gave way,
but the Aug 20 low of $0.6755 has limited the downside. A break under the latter
level would open $0.6736, the low of Aug 14. Conversely, bulls look to recover
$0.6773.

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