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AUD/USD ahead of 0.7850 limits for now

  • AUD/USD peaked out at 0.7845 after short covering took it from 0.7775

  • Sellers ahead of 0.7850 halt for time being as RBA adopts easing bias

  • Market looks for further RBA easing capping the $A upside

  • Support found at 0.7775 - the level it gapped higher from just before RBA 

 

  • Market Data
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