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Extending gains in G10

AUD

AUD test best session against EUR, USD, NZD, with the currency up vs all G10s, besides the British Pound.

  • Australian business sentiment broke to new records in April, Iron ore extends it upside run, on the broader base higher commodity prices, and a spike in Chinese demand.
  • Next MNI tech resistance in AUDUSD, comes at 0.7895 76.4% retracement of the Feb 25 - Apr 1 sell-off

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