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AUD/USD not far from recent lows

  • AUD/USD slightly higher on Obama/White House USD issue but still lingering near recent lows

  • Pair could see a new bear leg if it slips below 0.7530 

  • Eyes resistance near 0.74670/80 as US yields a bit soft & USD staying limp

  • China May CPI & Oz Apr home loan data tonight, might impact pair

  • Market likely more focused on Stevens speech Wed & Oz May jobs on Thurs

  • Market Data
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