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Recovery efforts have so far remained........>

AUSSIE: Recovery efforts have so far remained shallow suggesting the recent
longer-term downtrend remains intact. AUDUSD printed fresh ytd lows of $0.7062
targeting a move toward $0.7000, a level which is reported to hold
option-related support. A break here is likely to accelerate the move, opening
channel base support & Jan 26 2016 low at $0.6920/19. AUDJPY has dropped +200
pips on the week, touching lows of Y80.37, near-term support at Y80.14 which
represents the 61.8% retracement of Y78.68-82.50, ahead of the Y80.00 level.
EURAUD printed A$1.6297 with bulls targeting a move toward the ytd low at

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