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AUD/CNH dominated by choppy range trading

Friday, March 6, 2015 3:16 AM UTC

+65pts on AUD short covering - opened -0.7%
Neutral momentum studies - 5, 10 & 20 dma's coil
Range trading since mid February can continue
Earlier 4.8769 low then NY 4.8631 low initial support
Asian 4.8936 high then yesterday's 4.9223 high resistance

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AUD/CNH dominated by choppy range trading

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