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Broader base selling going through

  • Risk leads assets in early trading and USD is seeing broader base selling and at session low against EUR, GBP, SEK, AUD, NOK, CNY, HUF, XZK, ZAR, TRY, MYR and MXN
MNI tech:
  • AUDUSD test immediate resistance, right here at 0.7768 38.2% retracement of the Feb 25 - Mar 9 sell-off
  • EURUSD targets next resistance at 1.1952 Low Feb 5 and recent breakout level

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