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June 11, 2012

AUD/USD – A Push Above 1.0020 Opens Up 1.0240

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The pulse of risk-on to start the week boosted the AUD/USD from Friday's close near 0.9910 to slightly crack the 1.00 level just moments after retail fx opened for the week of 6/11-6/15. In the 4H chart, the RSI tagged 70 fell to around 50 and is pushing above 60, a sign of bullish momentum... FF News: Technical

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