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AUDUSD: Risk Builds Up On Further Upside Pressure

AUDUSD: AUDUSD closed lower to reverse its previous week gains and open the door for more decline the past week. But we are cautious of the 0.6911/0.6899 zone acting as a strong support. If that is able to hold off further downside pressure, we should see the pair return to the upside. On the upside, resistance lies at the 0.7050 level. A cut

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