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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 AccessEyeing Key Resistance
- RES 4: 0.7371 High Nov 15, 2021
- RES 3: 0.7316 2.0% 10-dma envelope
- RES 2: 0.7314 High Jan 13 and a key resistance
- RES 1: 0.7277 High Jan 20 and intraday high
- PRICE: 0.7279 @ 13:30 GMT Feb 23
- SUP 1: 0.7164 20-day EMA
- SUP 2: 0.7086/7052 Low Feb 14 / Low Feb 4
- SUP 3: 0.6968/6963 Low Jan 28 / Low Jul 16, 2020
- SUP 4: 0.6921 Low Jul 14, 2020
AUDUSD is trading higher today and has cleared resistance at 0.7249, the Feb 10 high. A break of this hurdle opens the more important resistance at 0.7314, the Jan 13 high. Clearance of 0.7314 would highlight a broader bullish reversal. Support top watch is at 0.7086, the Feb 14 low where a break would instead signal potential for weakness towards the major support at 0.6968, the Jan 28 low.
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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.