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AUD eases lower, CAD at 11-year lows

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Aussie dollar has continued to ease lower over the last couple days with a move back through the 73-figure. At the time of writing it’s sitting around 72.4 US cents despite a little shift higher on the back of China import data which showed imports fell less than anticipated. Areas of short-term support were earlier tested resulting in further losses, albeit small, for the local unit. Trade data released by the Customs Bureau showed exports were weaker than predicted, but imports,

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