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AUD/USD closes in on 0.7900

  • Pair could retest Wed's 0.7903 high as prices boost from 0.7836

  • Day charts are overbought

  • Failure to sustain gains above broken 0.7882 fibo, also kijun-sen, favors shorts

  • Gap between the market and the 10/21 DMAs is a concern

  • Short stop is at 0.7940

 

  • Market Data
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