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MNI tech support holds

AUSSIE

AUDUSD just off the lows, after testing MNI support at 0.7096 Low Oct 7 and the near-term bear trigger (printed 0.7096 low).

  • USD leads FX, following the risk off tone. with the currency also weighted following RBA Gov Lowe's speech which was widely interpreted as dovish
  • A clear break through 0.7096, opens to MNI tech next support at 0.7070 Low Sep 29

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