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Thomson Reuters
Jun 05 - 02:36 AM
AUD/USD - Remains Well Bid Despite Negative Leads
First appeared on eFXplus on Jun 04 - 10:30 PM
  • Weaker Aus Q1 GDP cements case for more RBA easing nL4N23C0IC
  • China Caixin services PMI weakened due to slower export sales nS7N1DB01E
  • AUD/USD continues to brush aside global and domestic growth concerns
  • Trading above 0.7000, as EM strength and dovish Fed expectations underpin
  • Resistance at 0.7030/35 where 55-day MA and 50% of 0.7206/0.6865 converge

aud/usd Click here

Source:
Thomson Reuters IFR Markets

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