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AUD/USD: faster SMA now above 200-hour

As the AUD/USD hourly chart illustrates, a cross in the 50-period SMA above the 200-period has been spotted.

In the current scenario, the recently printed low prices are at relatively narrow distance to the SMA juncture which is expected to withstand a collision. Buyers might take advantage of any marginal decline to place their orders.

The risk scenario is a sustained close beyond the 200-SMA.

AUD/USD unable to hold above 0.7600 ahead of the RBA

AUD/USD  is about to end Monday with modest gains ahead of the decision of the Reserve Bank of Australia. The pair peaked on Monday at 0.7605...
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NZD/USD: needs data catalyst for a break of 0.7200/0.7350 range

NZD/USD remains in a tight consolidation phase while markets are reluctant to go with one way or the other given the confusing communication of late
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