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Upside continuation for the Aussie

AUD
More momentum buying in AUD, at session high versus EUR, USD and of course the Yen.
  • With the JPY struggling across the board, AUD is now up 1.15%.
  • But similar story for the Aussie as in the Kiwi, both currency are still well short of their March fall
  • AUDJPY fell 3.66% from the March high.
  • Next resistance here is seen at the 50%retracemant of that March fall at 83.87, now at 83.70

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