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Derived real-time data in partnership with:
Thomson Reuters
Feb 04 - 09:48 PM
AUD/USD - Eases After Weaker Retail Sales
First appeared on eFXplus on Feb 04 - 07:35 PM
  • AUD/USD has slipped below 0.7200 after weaker than expected Aus Retail Sales
  • Trade surplus larger than expected but both exports and imports negative
  • AUD/USD support at 10-day MA at 0.7193 and low so far at 0.7197
  • The next level of support is at the 21-day MA at 0.7184
  • More support at the 61.8 of the 0.7076/0.7295 move at 0.7159
  • RBA decision later and weak Retail Sales impact may fade as focus shifts

Source:
Thomson Reuters IFR Markets

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