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Forex pairs in this Article » AUD/USD
FXstreet.com (Córdoba) - The Australian dollar is taking a breather on Tuesday as it managed to trim recent losses versus the dollar despite a risk-off tone prevails in stocks market.

AUDUSD bottomed out at a 1-month low of 1.0382 on Monday, from where it bounced, extending its recovery toward a high of 1.0461 in recent dealings. The pair however, has found resistance and pulled back slightly to currently trade at the 1.0440 area, still up 0.2% on the day.

As for technical levels, the Mataf.net analyst team locates immediate resistances for the cross at 1.0460, 1.0475 and 1.0525, while the see supports at 1.0430, 1.0405 and 1.0380.
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