Daily Pivots: (S1) 1.4002; (P) 1.4021; (R1) 1.4059; More… USD/CAD’s rally resumed by breaking through 1.4033 and intraday bias is back on the upside. Sustained trading above 1.4014/7 will suggest that USD/CAD is already reversing the whole fall from 1.4719, and target 61.8% retracement at 1.4312. On the downside, below 1.3975 minor support will turn […]
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AUD/USD loses ground as RBA meets rate hike expectations. Short-term risk is tilted to the downside. A close below 20-SMA could extend decline. AUD/USD retreated to 0.7134, extending Monday’s losses after the Reserve Bank of Read more…
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