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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
MNI BRIEF: Limited Economic Impact Of French Crisis - EC
MNI US MARKETS ANALYSIS - Ouster of Barnier Leaves Little Dent
$0.7507-$0.7503 Now The Next Region....>
AUSSIE TECHS: $0.7507-$0.7503 Now The Next Region Of Support
*RES 4: $0.7606/12 May 22 high, 50% of $0.7813-$0.7412
*RES 3: $0.7590 May 25 high
*RES 2: $0.7570 Congestion area May 23-28
*RES 1: $0.7553 Intraday high
*PRICE: $0.7517 @0951GMT
*SUP 1: $0.7503/07 May 21 low, equality fall from $0.7590
*SUP 2: $0.7485/88 76.4% of $0.7447-$0.7606, May 18 low
*SUP 3: $0.7471 1% volatility band
*SUP 4: $0.7447 May 16 low
*COMMENTARY* Has continued to fail to deal with resistance from between
$0.7590-$0.7606 over the last week or so. A small 'Doji' candle close last
Tuesday has seen a setback, which now has $0.7507-$0.7503 as support. This now
the protection against a further $0.7488-$0.7485 fall. Meanwhile resistance
comes from the day's $0.7553 high but likely needs a move back above the
congested $0.7570 area to be of any purpose.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.