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SILVER TECHS

Tests The August Low

MNI EXCLUSIVE

Bank Indonesia exclusive

GOLD TECHS

Remains Vulnerable

FINLAND AUCTION PREVIEW

2.625% Jul-42 RFGB

WTI TECHS

(V1) Bullish Following Bear Channel Breakout

AUSSIE
AUSSIE: AUD/USD lost over 1 big figure on Wednesday, weighed on by an increase
in U.S.-China trade tensions and a stronger greenback putting immediate focus
back on the YtD low of $0.7311.
- AUD/USD last deals at $0.7365. The close below the 21-DMA ($0.7399)
reconfirmed bear's convictions. Daily studies are well placed for a fresh leg
lower. Layers of resistance have followed the pair lower and add to bearish
confidence. Bulls now need a close above yesterday's hourly resistance ($0.7415)
to gain breathing room.
- There is little in the way of Australian tier one data apparent during the
remainder of the week, so focus is likely to remain on global risk appetite.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com