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AUSSIE: AUD/USD last $0.7267, 10 pips or so softer on the day, with the rate
backing off a touch in the wake of the latest RBNZ MonPol decision, in sympathy
- Rate touched 6-week highs of $0.7300 on Wednesday but failed to break above
the figure. The Sep 26 high is placed behind at $0.7315, ahead of the $0.7400
congestion zone. Bears initially need a break back below the broken falling
trendline at ~$0.7246 before they can turn their focus to the 50-DMA at $0.7160.
- Focus on tomorrow's RBA SoMP.