Aussie dollar just hanging on or ready to rumble?

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by Chris Becker

The Aussie battler broke through a significant low overnight, hitting 80.30 against the USD, taking out the monthly lows in mid-2010 (Greek Crisis Mk.1 remember?) and back to almost post-GFC bottom lows in early 2009:

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It wasn’t just USD of course, as the faithful predictor of safe harbor abandonment – AUDNZD – also popped a new nearly 20 year low, seemingly on it way to parity with its junior South Pacific partner:

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