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3 Oct 2013
Flash: AUD/USD supported on negative USD vibes? – OCBC
FXstreet.com (London) - Emmanuel Ng explained that a negative dollar vibes may continue to support the pair with the Australian Sep services index also improving significantly to 47.1 from 39.0 the previous month.
Key Quote:
“We retain a buy dips posture for the pair in the interim with base building behavior still expected around current levels. Support is seen on dips towards 0.9285 area while 0.9435 should cap pending further cues”.
Key Quote:
“We retain a buy dips posture for the pair in the interim with base building behavior still expected around current levels. Support is seen on dips towards 0.9285 area while 0.9435 should cap pending further cues”.