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Thomson Reuters
Aug 30 - 02:36 AM
AUD/USD - Clawing Back As CAPEX Not As Bad As Headline
First appeared on eFXplus on Aug 29 - 10:25 PM
  • AUD/USD back to 0.7290 after falling to 0.7275 after CAPEX as gap fills
  • 2018/2019 third estimate of 102 BLN AUD a light positive for outlook
  • Move lower was in reaction to surprise headline fall in June quarter
  • A break back above 21-day MA at 0.7330 would ease downward pressure
  • A break below 0.7275 initially targets 0.7235/40 with key support at 0.7202

aud/usd Click here

Source:
Thomson Reuters IFR Markets

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