AUDUSD back under downside pressure as 0.9225 looms

Despite an initial knee jerk reaction to the US data AUDUSD has come back under downside pressure now trading new session lows of 0.9254 with a stronger then expected Chicago PMI release.

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AUDUSD 15 minute chart

The dollar has managed a slight rebound since the GDP release with USDJPY up 15 pips from the lows, USDCAD nearing session highs and USDCHF also getting a boost.

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