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Despite thinned trading AUD remains top of...>

AUSSIE
AUSSIE: Despite thinned trading AUD remains top of the G10 pile following
President Trump's weekend tweet over positive talks with China. AUDUSD will need
to close above down trendline resistance off the Dec high at $0.7063 to build on
recent momentum, a break targets the 100-dma & 50% retracement of Dec range at
$0.7194/0.7206. AUDJPY recovers the Y78 handle targeting the double-top
resistance area at Y78.70/75 for the next leg higher. AUDNZD holds above the
21-dma at NZ$1.0522, next up sees the 50% retracement of NZ$1.0706-1.0434 & Dec
14 high at NZ$1.0570/86. EURAUD extends the retracement through A$1.62 to
extended pullback lows of A$1.6162. Near-term support is at A$1.6150 from the
61.8% fibo of A$1.6048-1.6316. While AUDCAD clears the 200-dma to C$0.9628.   

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