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Cross technical overview: - AUDNZD has........>

FOREX
FOREX: Cross technical overview:
- AUDNZD has extended the Nov slide today printing a low of 1.0425. The cross
remains heavy despite today's bounce and the focus remains on 1.0407, 76.4%
retracement of the Aug - Nov rally.
- AUDCAD has reversed sharp gains seen Monday and Tuesday and is approaching the
0.9000 level. Support to watch lies at 0.8972, Nov 29 low. If breached, this
would open 0.8967, Nov 19 low and below here, the focus would shift to the lower
end of 0.8900. USDCAD remains vulnerable following yesterday's sharp sell-off.
- EURGBP prints fresh trend lows once again this morning down to 0.8430 so far.
The supports that are now within reach lie at 0.8425 and 0.8394, lows dating
back to May 2017. Sterling is firm across the board. A notable technical break
has also been seen in GBPJPY, a confirmed range breakout paving the way for a
move towards 143.78.

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