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- Weak Q2 CPI data dampen confidence
- AUD/USD may fall to 100-day MA at 0.7490 in knee-jerk reaction, then rally back towards 0.7560
- If RBA remains on hold, AUD/USD likely to push above 0.7600 and test resistance at 0.7615
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RBA likely to cut rates by 25bps to 1.50pct, AUD/USD could fall in reaction
Tuesday, August 2, 2016 12:13 AM UTC
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