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AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

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AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

AUSSIE TECHS
AUSSIE TECHS: Fed Lends a Hand
*RES 3: 0.6911 Low Jul 10
*RES 2: 0.6907 2% Upper Bollinger Band
*RES 1: 0.6895 High Sep 12 and potential double bottom midpoint
*PRICE: 0.6894 @ 19:06 GMT Oct 30
*SUP 1: 0.6809 Low Oct 25
*SUP 2: 0.6777/52 Trendline support drawn off Oct 2 low / Low Oct 17
*SUP 3: 0.6724 Low Oct 16
AUDUSD traded well for much of the Wednesday session and received a decent late
boost from the Fed rate decision, which allowed the pair to spill above the
October highs. These gains continue to play into the hands of bulls, with a firm
S/T support defined at Friday's 0.6809 low. A move below this level is needed to
dent the recent bounce and expose a deeper correction towards trendline support
drawn off the Oct 2 low, at 0.6777. For now, the focus is 0.6895, Sep 12 high
and the midpoint of a potential broad double bottom.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com