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AUD/USD back above US Friday close as early shorts cover

Monday, June 29, 2015 2:50 AM UTC

AUD benefitting from China rate cuts on weekend and EUR/AUD selling
Stops were triggered above 0.7665 to a high at 0.7680
Resistance is seen at 38.2 % Fibonacci retracement of 0.7849/0.7587 move at 0.7686

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AUD/USD back above US Friday close as early shorts cover

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