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10 Sep 2013
Flash: AUD/USD to drift higher - OCBC Bank
FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that AUD/USD drifted higher on Chinese developments.
Key Quotes
“The AUD/USD also managed to float higher on Monday on the back of positive signals from the latest Chinese economic numbers and the pair may brush up against resistance around the 0.9275 with supports expected at 0.9200 and then at the 55-day MA( 0.9113).”
Key Quotes
“The AUD/USD also managed to float higher on Monday on the back of positive signals from the latest Chinese economic numbers and the pair may brush up against resistance around the 0.9275 with supports expected at 0.9200 and then at the 55-day MA( 0.9113).”