Australia Private Sector Credit (MoM) in line with forecasts (0.4%) in February

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EUR/AUD: Bearish outlook post H&S confirmation

EUR/AUD trades around the 1.4875 area after a sharp sell-off in the last 2 weeks, which took the rate from levels near 1.55 to a multi-month low of 1.4779, not seen since Dec 4 2013.
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