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Australian Dollar Nears Make-or-Break Levels; Watch Key Data Tonight

By , Quantitative Strategist
09 April 2014 16:00 GMT

- Turning point near as AUDUSD tests technical resistance ahead of key Aussie employment data

- Currency pair currently outpacing key fundamental driver in yield spreads

- Extremely one-sided forex crowd positions underline reversal risk

View more: Aussie setups ahead of the Australian Employment Report and US FOMC Minutes

Follow any updates on the Australian Dollar and other currencies via this author’s e-mail distribution list.

--- Written by David Rodriguez, Quantitative Strategist for David specializes in automated trading strategies. Find out more about our automated sentiment-based strategies on DailyFX PLUS.

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09 April 2014 16:00 GMT