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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 AccessDowntrend Gives Way AUDUSD is..........>
AUSSIE TECHS: Downtrend Gives Way
AUDUSD is looking bullish following yesterday's rally above the 50-dma, the bear
channel top, and the 0.7200 level, which opens the double-top resistance area at
0.7238/43. A break above here targets the 100-dma at 0.7271. Bears need to see a
close back below the 50-dma at 0.7180 to shift the outlook back to neutral,
while a break of the Oct 26 low at 0.7021 is needed to regain control.
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.