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AUD/USD extends higher as buyers look to recapture near-term control


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AUD/USD pushes for a break of the 200-hour moving average


ForexLive

Risk sentiment remains buoyant and European stocks will confirm the bullish mood in the equities space today, more so after Italy’s government is reported to show willingness to offer concessions in budget discussions with the European Commission.
That is helping to lend a hand for the aussie and kiwi to push higher and AUD/USD buyers are now looking to recapture the near-term bullish bias in the pair by threatening a break of the 200-hour MA (blue line) @ 0.7261.
More to come…

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