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AUD/USD: Watch 0.9240-45 key confluence level

FXStreet (Bali) - The Australian Dollar found some willing buyers, despite the rate being near key resistance levels, following an uneventful RB minutes.

The fact that the RBA did not offer any surprise on its policy update, was enough reason for traders to keep pushing the rate towards higher ground, with the AUD/USD printing a new session high at 0.9337, only a few pips away from the important 0.9340-45 convergence area, as per the 100-day MA, 38.2% fib retrac of the 0.9505-0.9239, and a supply imbalance that originated the Aug 6 sell-off.

AUD/USD: A new month high on RBA minutes

AUD/USD is trading at 0.9331, up 0.07% on the day, having posted a daily high at 0.9337 and low at 0.9317.
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EUR/USD: Looking to sell a bounce towards 1.3480/1.3500 - Westpac

Westpac thinks that the EUR/USD is overdue for a bounce towards 1.3480/1.3500 area, with such moves, if confirmed, seen as a selling opportunity
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