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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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Free AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
Resumes Uptrend *RES 4: 0.6750 High....>
AUSSIE TECHS: Resumes Uptrend
*RES 4: 0.6750 High Feb 12
*RES 3: 0.6685 High Mar 9 and a key resistance
*RES 2: 0.6627 2.0% 10-dma envelope
*RES 1: 0.6616 High May 20
*PRICE: 0.6562 @ 10:46 BST May 21
*SUP 1: 0.6510 Low May 19
*SUP 2: 0.6402 Low May 15
*SUP 3: 0.6373 Low May 5 and key support
*SUP 4: 0.6337 Low Apr 24
AUDUSD maintains a firmer tone despite pulling back this morning. The pair has
recently managed to hold above support highlighted by the 20- and 50-day EMAs
and the key S/T support at 0.6373, May 4 low. Furthermore, the price yesterday
traded and closed above 0.6570, Apr 30 high to confirm a resumption of the
current uptrend. The focus is on the 0.6627 envelope resistance and 0.6684/85.
Key support remains 0.6373, May 4 low. Bullish!
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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.