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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: BOJ Tankan: Key Sentiment Rises, Solid Capex Plans
MNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
Bull Trend Intact *RES 4: 0.6800.......>
AUSSIE TECHS: Bull Trend Intact
*RES 4: 0.6800 Round number resistance
*RES 3: 0.6774 High May 5
*RES 2: 0.6685 High Mar 9 and a key resistance
*RES 1: 0.6680 High May 27
*PRICE: 0.6606 @ 06:22 BST May 28
*SUP 1: 0.6538 Low May 26
*SUP 2: 0.6506 Low May 22 and key support
*SUP 3: 0.6447 50-day EMA
*SUP 4: 0.6402 Low May 15
AUDUSD maintains a bullish focus despite the pullback off yesterday's high. The
pair briefly topped the 2.0% 10-dma envelope resistance Tuesday, firming the
recent rally with the break above 0.6616, May 20 high this week also confirming
a resumption of the uptrend and the positive price sequence of higher highs and
higher lows. The focus is on 0.6684/85, a Fibonacci projection and Mar 9 high.
Firm support has been defined at 0.6506, May 22 low.
To read the full story
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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.