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Market Commentary and Intraday News

Euro Climbs To 5-week High Against Australian Dollar

300 days ago

(RTTNews) - Extending its overnight rally, the euro touched 1.1935 against the Australian dollar on Wednesday morning in Asia, its strongest mark since July 18.

The euro rally gained momentum versus the aussie as the pair staged a rebound from its double-bottom reversal and is approaching resistance at its 23.6 percent retracement point of 1.1950.

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