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Thomson Reuters
Jan 27 - 11:00 PM
AUD/USD - Boosted By Sharp Selloff In USD/CNH
First appeared on eFXplus on Jan 27 - 08:55 PM
  • AUD/USD boosted by falling USD vs CNH and CNY, hits a high of 0.7201
  • USD/CNH trading below the 200 DMA for the first time since June 19 2018
  • AUD/USD move targets mid-Jan highs and 76.4 Fibo at 0.7225/35
  • Close above 0.7235 would open up a move to the 200 DMA at 0.7298
  • USD/CNH 200 DMA is at 6.7441, low so far 6.7356, tonight's close key
  • USD/AXJ dragged lower by moves in USD/China, buoying risk appetite, AUD

AUD daily: Click here

CNH daily: Click here

Source:
Thomson Reuters IFR Markets

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