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AUD/USD moves higher in late local trading

  • AUD to fresh intraday high of 0.7832 as 0.7829 overnight top gives way

  • Carry trade demand likely to renew as risk appetite expands

  • Underlines RBA concerns are potential flows into AUD via Abenomics

  • 0.7842 10 Feb top resistance then 0.7882 38.2% Fib Jan/Feb drop, 0.7819 20-DMA support

 

  • Market Data
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