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AUD/USD finds major support at 78 cents retracement

  • During Asian session pair seen under pressure

  • Month/qtr and in particular year end flows out of Tokyo mostly blamed

  • AUD down by 0.8%, 0.4% and 0.6% against JPY, CAD  and EUR respectively

  • stocks under pressure as crude seen 3.5% down

  • AUD/USD's hold on 0.7800 looks weak 

 

  • Market Data
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