FX:AUDUSD   Australian Dollar / U.S. Dollar
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Hammer posted for Aussie. Bears still trying to overrun with heavy selling above 0.9500. IMM spec short positioning at historical extreme. Expect push towards KS short term before losing momentum and turning bearish once more. Small long position taken due to risk to return favoring the short term buy side. Aussie employment numbers could be a hindrance but for the past 2 years majority of Aussie employment releases - good or bad have resulted in AUDUSD closing higher on the daily.
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