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The Aussie registered a leg lower after......>

AUSSIE
AUSSIE: The Aussie registered a leg lower after the release of the latest round
of domestic GDP partials. Q4 c/a balance printed at -A$7.2bn vs. exp. -A$9.2bn &
prev. -A$10.8bn. Elsewhere, Q4 net exports of GDP came in at -0.2% Q/Q against
forecasts of -0.1% and a prior +0.4%.
- AUD/USD last seen at $0.7085, 8 pips worse off. The pair still hovers above
the Feb 21 low/cloud top at $0.7070/69, which provides the initial layer of
support. A break below would open up the 1.0% 10-DMA envelope at $0.7051.
- AUD/NZD has slipped 9 pips and last trades at NZ$1.0391, with bears focused on
the Feb 14 low of NZ$1.0369, ahead of the lower 1.0% 10-DMA envelope at
NZ$1.0313.
- AUD/JPY last deals at Y79.26, virtually unch. on the day, as the Nikkei 225
more than halved losses noted at the Tokyo equity open. Bulls look to Y79.63/65,
where the rate peaked on Monday/Friday, ahead of the 100-DMA at Y79.79.
Meanwhile, bears look for a fall below the 21-DMA at Y78.85, followed by the
50-DMA at Y78.38.

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