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Derived real-time data in partnership with:
Thomson Reuters
Aug 03 - 03:48 AM
AUD/USD - Fails To Hold Retail Sales Inspired Gains
First appeared on eFXplus on Aug 02 - 11:05 PM
  • AUD/USD range in Asia 0.7356/74, high seen after retail sales
  • Retail sales +0.4% vs forecast +0.3%, but rally very short lived
  • USD/CNH to a new trend high and lower Asian stocks pressuring Aussie
  • Trend low and l/t 61.8 Fibo at 0.7311/27 key support on closing basis
  • Daily resistance seen at 10 and 21 DMAs at 0.7400/06
  • US jobs data and fresh news on trade tensions key drivers later

AUD daily: Click here

Source:
Thomson Reuters IFR Markets

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