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AUD/USD holding Fibonacci level of 38.2%

Tuesday, April 14, 2015 3:27 AM UTC

Pair capped at 0.7624 which is precisely the 38.2 of the 0.7739/0.7553 move
A break above Fibonacci 38.2% retracement level 0.7625 targets the 0.7668
USD giving back some ground in Asia led lower by USD/SGD and USD/JPY
Pair unlikely to roam too far ahead of tomorrow's China GDP data

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AUD/USD holding Fibonacci level of 38.2%

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