AUD/USD recovering in Asia - in similar fashion to yesterday's price action

It is edging above 0.6820 as USD/JPY leads USD broadly lower

AUD/USD managed to hold key fibo support at 0.6780 to encourage bulls

A break below the 38.2 of the Oct/Feb move at 0.6780 would be bearish

Resistance is at yesterday's 0.6842 high with sellers tipped ahead of 0.6850

The 10-day MA is at 0.6881 and a break would ease downward pressure

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