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August 6, 2012

AUD/NZD trades above 200 MA, Antipodean data eyed

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AUD/NZD remains trading in choppy sideways mode after four consecutive days of probing the 1.2900 figure, having dipped to as low as 1.2869 before closing the New York session at 1.2887, recording losses for a fifth straight day. Looking at the Daily timeframe, the market continues to trade above... FF News: Technical

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