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AUD/CNH halted around Fibo resistance

  • +0.22% in Asia - AUD led on extended USD weakness, as FOMC disappointed hawks

  • 5, 10 & 20 dma's conflict - positive momentum studies - neutral setup

  • Close above 4.9150 would target 50% of 2015 slide at 4.9587

  • Initial support/resistance is Asian 4.8956/4.9196 range

 

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