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AUD/USD jumps above 1.0200 ahead US closing

By FXstreet.com,  July 06, 2012, 03:47:00 PM EDT

FXstreet.com (San Francisco) - The Aussie is trading higher right now against the US Dollar and after rising around 40 pips in the last few minutes the pair has jumped from 1-week lows at 1.0180 to break up the 1.0200.

The pair is pricing at 1.0217, 0.70% below opening price action. Pair looks "Slightly Bullish" and "Overbought" according to the FXstreet.com technical studies.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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