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Forex: AUD/USD finds support at 1.0515

FXstreet.com (Córdoba) - The Australian dollar lost ground on Friday after staging a decent rally the previous day (despite weak domestic employment data) as cautious mood settled on the markets.

AUD/USD retreated from its 3-month high of 1.0581 scored on Thursday and having dropped over 70 within the last sessions, it hit a daily low of 1.0514 before finding support. At time of writing, AUD/USD is trading around 1.0525/30, recording a 0.1% loss on the day, the first after 4 days of gains.

In terms of technical levels, the Mataf.net analyst team locates immediate supports at 1.0515, 1.0475 and 1.0415, while they see resistances at 1.0530, 1.0560 and 1.0580.

Forex Flash: EUR/JPY probable pullback ahead – Commerzbank

After bottoming in the area of 129.00, renewed buying interest in the single currency is now lifting the cross to the vicinity of 129.60/65, as markets remain submerged into a risk-off tone...
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Forex: EUR/USD around 1.3055/55, US data eyed

The single currency continues to trade on the back foot on Friday, ahead of the relevant releases in the US economy due later: Retail Sales are expected to came in flat for the month of March while the preliminary...
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