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EUR/AUD: Trying to break above 1.2320 again

By   || February 9, 2012 at 23:35 GMT
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Risk-off in recent times means position reduction, and as we know the biggest position in the market is short EUR and long AUD. The EUR/AUD cross is currently trying to break above 1.2320; this is where the stop-loss buy orders were reported yesterday.

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