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AUD/USD testing key support 0.8650/55

FXStreet (Bali) - AUD/USD is at fresh session lows, down over 0.7% for the day, showing little signs of bouncing ahead of Europe, with macro and leveraged players reportedly quite consistent selling the Aussie along Asia.

AUD/USD is presently testing 0.8650/55 support, which according to Jim Langlands, Founder at FXCharts, "should see some decent buyers down there, although a break would head towards 0.8600 and to the recent low at 0.8590, below which would see a run towards 0.8570 and then possibly to the 7 Nov low at 0.8540."

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