AUD/USD opened 1.0% lower and was worst performing currency as USD firmed
Global growth and China fears weighed as did dovish turn in RBA expectations
After opening @ 0.6551, the AUD/USD tracked higher as Asian equities rallied
The Nikkei rose 1.7%, the Aus ASX rose 1.5% and the AXJ index gained 0.50%
AUD and NZD soared against all major currencies on short covering
The market brushed off weaker than expected Aus Q3 GDP nAZN1FUHIJ
AUD/USD traded to 0.6591 and is 0.585/90 into the afternoon
It is close to filling in the gap from 0.6605 created after RBA decision
The 0.6605 level is also where the 10-day MA is located today
A break above 0.6610 would likely see another round of short-covering
Support is at the 21-day MA at 0.6533 and 50% of Oct-Dec rise at 0.6529
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