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10 Sep 2013

Flash: AUD/USD to drift higher - OCBC Bank

FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that AUD/USD drifted higher on Chinese developments.

Key Quotes

“The AUD/USD also managed to float higher on Monday on the back of positive signals from the latest Chinese economic numbers and the pair may brush up against resistance around the 0.9275 with supports expected at 0.9200 and then at the 55-day MA( 0.9113).”
Sep 10, 2013

EUR/USD wanes to session lows, overbought?

The EUR/USD foreign exchange rate edged lower to fresh lows Tuesday, as the recent rally has since stalled during European trading, leading to more questions than answers.
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Sep 10, 2013

Flash: AUD/USD nears the 0.9318 July peak which is to cap today - Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that AUD/USD is still heading towards the July peak at 0.9318.
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