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AUD/USD hits new 6 year low

  • Fresh 6 year lows, at 0.7588 last, sees further downside risk

  • Short in play from 0.7680

  • Resistance Monday's 0.7684 low

  • 0.7645 today's high

  • Next bear objective is 0.7241 - the monthly low from May 2009

  • Key long-term fibo at 0.7204 below - 76.4% of 0.6007 - 1.1081

 

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