And AUD/USD taking it on the chin. Both topped 21 April.
Pain for the #AUD as iron ore slips. #Australian dollar set for 4th straight week of losses. https://t.co/harvtykVcA
— Kang Wan Chern (@KWCTheEDGE) May 13, 2016
Iron ore bust follows hard on the heels of China’s speculative boom https://t.co/W2tXOOPQwP pic.twitter.com/aSviNnR1Hp
— BN Commodities (@BNCommodities) May 13, 2016
#AUDUSD breaks down to hit 200-day MA. More downside potential w/ bearish price objectives at 0.72 and 0.70. #FX ^JC pic.twitter.com/HtnW9nfm87
— FOREX.com (@FOREXcom) May 13, 2016
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