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AUDUSD Rebound Unfazed by Dismal China Trade Balance as PBOC Cuts RRR

The breakout in AUDUSD appears to be unfazed by dismal data prints coming out of China, with the exchange rate preserving the higher highs and lows from last week.

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AUDUSD Rebound Unfazed by Dismal China Trade Balance as PBOC Cuts RRR

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