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Derived real-time data in partnership with:
Thomson Reuters
Sep 05 - 09:48 PM
AUD/USD - 0.7200 523M Strikes - 79.30 Vulnerable For AUD/JPY
First appeared on eFXplus on Sep 05 - 07:35 PM
  • AUD/JPY flat - closed +0.3%, as FX risk off took a short term breather
  • Upcoming US/China trade tariff deadline will make Asia cautious
  • Volatile Aus trades lead data, poll +1.4B, response is usually short lived
  • Cross momentum studies conflict, 5, 10 & 21 DMAs track south - bearish setup
  • Poised above pivotal long term 79.30 support, 61.8% 2016/2017 rise
  • Close below would open the door to 76.68, 76.4% & Nov 2016 base

auj sep 6 Click here

Source:
Thomson Reuters IFR Markets

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