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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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Free Access$0.7917 & 0.7996 Levels Key *RES 4:....>
AUSSIE TECHS: $0.7917 & 0.7996 Levels Key
*RES 4: $0.8065 - 2017 High July 27
*RES 3: $0.8044 - High Aug 1
*RES 2: $0.7996 - High Aug 30
*RES 1: $0.7989 - Bollinger band top
*PRICE: $0.7970 @ 0220GMT
*SUP 1: $0.7937 - Hourly support Sept 1
*SUP 2: $0.7917 - Hourly support Aug 31
*SUP 3: $0.7863 - Low Aug 24
*SUP 4: $0.7829 - 55-DMA
*COMMENTARY: The $0.7863 support confirmed significance Thursday with the pair
having looked heavy before bouncing aggressively. Hesitation ahead of $0.7996
remains less than ideal for bulls with the Bollinger top limiting follow
through. Bulls need a close above $0.7996 to reconfirm focus on $0.8044-65 and
above $0.8065 to reconfirm the bullish bias and target 2015 highs ($0.8165).
Bears still need a close below $0.7917 to return pressure to $0.7863.
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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.