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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

Firming

AUD
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AUD/USD firming, the pair up some 21 pips at 0.7283. The next resistance is seen at 0.7316 the high from Sep 23 and intraday high, above which the 50-day EMA at 0.7356 awaits. A weaker greenback is helping upside in the pair, while firmer iron ore is also giving AUD a lift. In Singapore iron ore futures are up around 8%. The rise in iron ore is said to be driven by autumn-winter environmental protection measures and difficulties ramping up production in the short term, while widespread blackouts in China have also served to shake up commodity markets.