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AUD/USD slips below 0.7500 as the RBA pain continues

Discussion in 'Technical Analysis' started by ForexLive, May 3, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Australian dollar down more than 2% It's always tough to pick which support lines will hold up after a game-changing central bank announcement. Last week, when the BOJ didn't cut, there were bidders lurking around the April lows and the pair held it. But a day later it gave way and USD/JPY has been stuck in the mud since.

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