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Edging higher

AUD
  • AUD is at new intraday high against the Yen and slowly edging higher versus the USD.
  • The near term picture for AUDUSD has hardly changed since trading on either side of the 0.6700 magnet since late February.
  • AUDNZD has recovered back above 1.0600, after finding good support at the Key level noted at 1.0588, although did print a 1.0585 low, support remains at that area.

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