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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 AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
Daily Bear Channel Top Capping....>
EURO-AUSSIE TECHS: Daily Bear Channel Top Capping
*RES 4: A$1.5651 - Low May 19 now resistance
*RES 3: A$1.5618 - High May 23
*RES 2: A$1.5558 - High June 8
*RES 1: A$1.5518 - Daily bear channel top off Apr high
*PRICE: A$1.5504 @ 2130GMT
*SUP 1: A$1.5470 - Hourly support June 12
*SUP 2: A$1.5439 - Low June 12
*SUP 3: A$1.5391 - High June 6 now support
*SUP 4: A$1.5348 - Low June 7
*COMMENTARY: Bulls take comfort in the failure to close below the 55-WMA
(A$1.5345) with bulls now needing a close above A$1.5558 to confirm initial
focus on A$1.5618-51 and hint at a move to A$1.5755-69 where 55 & 100-DMAs are
noted. The A$1.5391 support is now key. Bears need a close below this level to
confirm the significance of the channel top off Apr highs, initially focusing on
A$1.5256-74 with overall focus on the channel base (A$1.5117).
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.