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Australian dollar steadies, markets await jobs data for steer on rates
SYDNEY: The Australian and New Zealand dollars looked a little steadier on Wednesday as the greenback’s bull run took a breather, though both were still uncomfortably close to major support levels. The Aussie was a fraction firmer at $0.6987, having bounced almost 0.4% overnight. A break of resistance at $0.6995 would open the way for a move to $0.7045, while support lies at $0.6933 and $0.6904. The kiwi dollar stood at $0.5615, after rising 0.5% overnight and away from a 17-month trough of $0.55805. Resistance is layered between $0.5626, $0.5650 and $0.5687, suggesting a further recovery will...
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