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AUD/USD off 0.7572 intraday lows but recoveries look limited and spot remains heavy

Wednesday, April 15, 2015 11:13 AM UTC

Long is not systematic and the stop sits below the 2015 low at 0.7534
Consider reversing to short on a break there
Further scope to 0.7204 based on 76.4% Fibonacci retracement

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AUD/USD off 0.7572 intraday lows but recoveries look limited and spot remains heavy

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