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AUD/USD once again faltered ahead of.........>

AUSSIE
AUSSIE: AUD/USD once again faltered ahead of $0.7300 on Thursday, after the
strong AU labour market report turned the AUD bid in Asia-Pacific trade.
- Rate last deals at $0.7280. A breach above the aforementioned $0.7300 would
turn the outlook in bulls' favour and allow them to target the Sep 26 high of
$0.7315. Support noted at the 100-DMA of $0.7257, with bears needing a break
below the 21-DMA of $0.7160 to turn the outlook in their favour.
- AU focus turns to the minutes from the RBA's most recent MonPol decision, due
Tuesday, although not much is exp. in the way of fresh information given that
the meeting included the quarterly SoMP.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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