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AUD/NZD falls below 1.0800

FXStreet (Córdoba) - The Aussie weakened across the board and pushed the AUD/NZD to the downside. The pair broke below an important short-term support level located at 1.0810 and fell quickly to 1.0788, reaching the lowest price since February 18.

After bottoming the AUD/NZD bounced to the upside rising back to 1.0800. The short-term outlook has turned bearish as the pair holds below 1.0810.

Under today’s low the next support area lies between 1.0770/80 and below here at 1.0750 and 1.0735 (February lows).

AUD/USD retesting 0.90 after sharp sell-off

AUD/USD continues to recover off 0.8969 lows to currently face the 0.8990/0.90 support-turned-resistance area.
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Flash: USD’s soggy tone to remain - Rabobank

Jane Foley, Senior Currency Strategist at Rabobank explained that although Yellen appears to have appeased the G20 about how the Fed’s responsibility to the wider global economy when taking its policy decisions, there is little in the Fed’s official commentary to illustrate that this is a concern
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