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Recovers some of the overnight losses

AUSSIE
AUDUSD look to test high of the day, despite some FM sellers reported overnight, following the POBC move on Saturday to make it easier to short the Yuan.
  • Next resistance is at 0.7243 High Oct 10 and the intraday bull trigger, but this could be limited today, with the US out and worth noting 1bn worth of Option expiry today at 0.7200.
  • AUDUSD is now at 0.7230

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