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XM Squeezes Higher

AUSSIE BONDS

XM continues to build on early gains, last +3.5 at 98.415, after pushing through the highs witnessed in recent sessions. There is little in the way of headline flow to drive the move, pointing to the potential for technical/positioning matters as the driving factor(s). Resistance is located at the May 27 high (98.430).

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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