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AUSSIE: AUDUSD has dipped below 0.7600 heading into the Australian CPI release,
and last deals at 0.7585, with a degree of modest USD demand apparent. AUDNZD
trades at 1.0650, 10 pips or so higher on the session.
- AUDUSD bears now target the high from Dec 12 (0.7580), followed by the 10 week
bear channel base projection (0.7565), while bulls need a move back above
Monday's hourly resistance (0.7648).
- AUDNZD bulls look to the Bollinger band top (1.0662) followed by the 55-DMA
(1.0672) while bears look to the high from April 17 (1.0601) as the next level