AUD/USD Moves up

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AUD/USD is trading at 0.7791 down 0.0006. Trading has been choppy. The pair has recovered most of the losses from early U.S. trading. Yellen is now giving her testimony and forex trading is expected to be very choppy. Some chatter China's PMI data for February is due to be released Tuesday night. Estimates are for a reading of 49.5 for February Chinese PMI, slightly weaker than 49.7 seen during January.
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