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Tapering On The Table From RBA Puts Wind In AUD Sails


AUD/USD jumps higher following the RBA rate announcement, the Central Bank chose to stick with its tapering plan, going against market consensus. AUD/USD is up 33 pips at 0.7394, the pair was operating just above neutral levels until the announcement. Resistance is seen at 0.7429, the high from Jul 19.

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