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AUD/CNH remains positive despite dip signals

  • -0.45% after AUD Capex missed - opened +0.83% AUD led

  • Capex strengthened chance of a 25pt cut next week - swaps price 53% from 39%

  • Momentum studies, 5, 10 & 20 dma's base/edge higher - positive setup

  • Initial support/resistance are 4.8982 10 dma & earlier 4.9458 high

 

  • Market Data
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