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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 ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
Edges Lower *RES 4: 0.6934 High Jan....>
AUSSIE TECHS: Edges Lower
*RES 4: 0.6934 High Jan 16 and key near-term level
*RES 3: 0.6879 High Jan 23
*RES 2: 0.6841 Former trendline support
*RES 1: 0.6800 Low Dec 10 and former breakout level
*PRICE: 0.6738 @ 06:04 GMT Jan 30
*SUP 1: 0.6731 Intraday low
*SUP 2: 0.6724 Low Oct 16
*SUP 3: 0.6710 Low Oct 10
*SUP 4: 0.6671 Low Oct 2 and primary support
AUDUSD has traded lower overnight in Asia registering a fresh trend low print of
0.6731. Bearish conditions remain in place following the recent slide and break
of trendline support drawn off the Oct 2 low. The move lower confirmed a
resumption of January's bearish theme. 0.6800, the Dec 10 low and 0.6754, Nov 29
low have been cleared. The focus is on 0.6724 next, Oct 16 low. Initial
resistance is at 0.6800 ahead of 0.6841, the former trendline.
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.