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Why MNI
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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 AccessLooking Offered *RES 4:...........>
EURO-AUSSIE TECHS: Looking Offered
*RES 4: A$1.6187 - Daily Bull channel top
*RES 3: A$1.5976 - 2018 High Mar 5
*RES 2: A$1.5941 - High Mar 8
*RES 1: A$1.5853 - Hourly resistance Mar 8
*PRICE: A$1.5794 @ 2030GMT
*SUP 1: A$1.5739 - 21-DMA
*SUP 2: A$1.5697 - Low Mar 1
*SUP 3: A$1.5598 - Low Feb 20
*SUP 4: A$1.5546 - Low Feb 2
*COMMENTARY: Topside follow through been elusive once again this week and has
taken its toll with the pair looking offered and focus back on A$1.5697-1.5739
where the 21-DMA is noted. Bears need a close below A$1.5697 to shift focus back
to A$1.5598. Daily studies correcting from modestly O/B is less than ideal for
bulls. Bulls now need a close above A$1.5976 to reconfirm a bullish bias
targeting A$1.6187-1.6250 where the daily bull channel top is located.
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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.