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22 Apr 2015

SEB: AUD/NZD sees a double bottom? - eFXnews

FXStreet (Barcelona) - The Research Team at SEB, sees further bullish potential for AUD/NZD if the pair breaks above 1.0168, as shared by eFXnews.

Key Quotes

“The rebound from a higher low certainly raises the question whether a double bottom now has been put in lace or now. In the large picture such a development would fit very well as the decline now should be in the very latter stages of the decline from 2011.”

“To maintain short-term positive momentum the market shouldn't back below 1.0069. Breaking above 1.0168 will enhance a bullish case.”

This content has been provided under specific arrangement with eFXnews.

Apr 22, 2015

GBP/JPY rises above 179.00

The British Pound is being bid higher after the release of BOE minutes, taking the GBP/JPY pair above 179.00 levels.

EUR/USD attempts a bounce to 1.08

EUR/USD surges to fresh session highs just shy of 1.08 barrier in the European session, extending its recovery, as the offered tone heightened for the greenback amid increased worries surrounding Greece.