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AUD/USD slid Wednesday as risk appetite......>

AUSSIE
AUSSIE: AUD/USD slid Wednesday as risk appetite turned sour, as participants
showed a sense of worry about the resurgence of coronavirus. Virus angst
conspired with global trade jitters, U.S.-China sabre-rattling and softer oil
prices to push the rate lower.
- Increasing case count in the Australian state of Victoria continues to provide
a source of worry. Regional authorities have called the military to help contain
the spread of infections.
- AUD/USD currently trades at $0.6865, a touch lower on the day. The key
near-term support is defined at $0.6777, the low of Jun 15. A break here would
expose the 50-EMA at $0.6696. Bulls keep an eye on Jun 16 high of $0.6977,
followed by round figure resistance/Jun 11 high of $0.7000/05.
- Australia's job vacancies will be released later today. Earlier today, SEEK
published their employment snapshot, noting that job ads in the fortnight ended
21 Jun were at 68.3% of pre-COVID levels.

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