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AUD/USD ahead of 0.7850 limits for now

Tuesday, March 3, 2015 4:04 AM UTC

AUD/USD peaked out at 0.7845 after short covering took it from 0.7775
Sellers ahead of 0.7850 halt for time being as RBA adopts easing bias
Market looks for further RBA easing capping the $A upside
Support found at 0.7775 - the level it gapped higher from just before RBA

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AUD/USD ahead of 0.7850 limits for now

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