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December 28, 2011

AUD/USD opens Asia in risk-off mode

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AUD/USD has opened the Asian morning under pressure after Wednesday saw the pair retreat from session highs below the 100-day EMA, or 1.0200, reaching a fresh 4-day low of 1.0070 before ending the American trade at 1.0092, 60 pips below its starting price. "Holding the bearish tone as per indicat... FF News: Technical

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