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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

AUSSIE
AUSSIE: AUDUSD has dipped below 0.7600 heading into the Australian CPI release,
and last deals at 0.7585, with a degree of modest USD demand apparent. AUDNZD
trades at 1.0650, 10 pips or so higher on the session.
- AUDUSD bears now target the high from Dec 12 (0.7580), followed by the 10 week
bear channel base projection (0.7565), while bulls need a move back above
Monday's hourly resistance (0.7648).
- AUDNZD bulls look to the Bollinger band top (1.0662) followed by the 55-DMA
(1.0672) while bears look to the high from April 17 (1.0601) as the next level
of support.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com