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Downtrend Remains Intact AUDUSD........>

AUSSIE TECHS: Downtrend Remains Intact
AUDUSD failed to consolidate post RBA gains above $0.7200, with the reversal
extending to fresh cycle lows. Recovery efforts hold shallow suggesting the
downtrend remains intact with immediate focus on the May 24 2016 low at 0.7145.
Below here would likely accelerate the move toward the 1.618% swing target at
0.7092, ahead of the key 0.7000 psychological level. Bulls need a break back
above 0.7305/10 to change the short-term outlook and target the August highs of

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