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Cable test 1.2000, AUDUSD breaks support

USD
  • Cable test 1.2000, with initial support seen at 1.1987 this week's low.
  • There's some upside continuation in the Dollar, with the Risk Off tone this morning.
  • AUD has broken the retracement level, and also losing ground against the EUR.
  • Upside target in EURAUD is at 1.5634, while most market participants will have their eyes on 1.56632, the February high.

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