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AUD/USD trades at ~$0.7100 last, having......>

AUSSIE
AUSSIE: AUD/USD trades at ~$0.7100 last, having posted a ~20 pip fall on
Thursday.
- Thursday's reaction to Aussie labour mkt data was been muted, participants
noted that the fall in unemployment resulted from the lower than expected
participation rate, which limited AUD upside.
- Bulls need a close above the psychological $0.7200 level before targeting the
2018 channel top at $0.7209, while bears look for a break of $0.7044.
- Points of note today include the release of Chinese GDP. Focus this weekend
falls on a key local Australian by-election, which has the potential to remove
the ruling govt's slim majority.

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