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Despite Chinese Caixin PMI coming in above...>

AUSSIE
AUSSIE: Despite Chinese Caixin PMI coming in above forecasts, AUDUSD failed to
consolidate above 0.71 and keeps the downtrend intact. This brings the Feb 21
low at $0.7070 back into view, ahead of double-bottom support at $0.7054/57.
Below here opens the 50% retracement of 2019 range at $0.7018.
- AUDNZD rests on the NZ$1.04 handle with the key support zone seen at
NZ$1.0380/90, which holds a number of previous lows & 50% fibo of
NZ$1.0106-1.0670.
- AUDCHF closed below the 100-dma yesterday (Chf0.7135) with the move extending
through Chf0.71 to Chf0.7074. This brings up trendline support off the Sep 7 low
at Chf0.7062 into view, ahead of the Jan 25 low at Chf0.7047.
- EURAUD topped out at A$1.6041, bulls focus remains on the Feb 8 high at
A$1.6060, ahead of the 50% fibo of A$1.5347-1.6830 at A$1.6088.

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