As the Australian dollar has maintained a firm undertone, suggesting recent rise from 0.8066 low is still in progress and gain to 0.9185/90 (100% projection of 0.8315 to 0.8871 measuring from 0.8633 and 1.618 times projection of 0.8908-0.9044 measuring from 0.8965) and then 0.9220 is likely, however, loss of near term upward momentum should limit upside to 0.9250/60 and reckon 0.9300/10 would hold, bring retreat later.
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