Euro Climbs To 7-week High Against Australian Dollar
The euro edged sharply higher against its Australian counterpart in early deals Tuesday, jumping near the key 1.21 mark for the first time since July 10.
The single currency rose as high as 1.2094 around 5:15 am ET, up by more than 30-pips from Tuesday's North American session closing value of 1.2061.
The next barrier beyond the 1.21 level for the euro-aussie pair could be its 38.2 percent retracement level at 1.2160.
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