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27 Jan 2020

AUD/USD Price Analysis: Aussie tumbles to two-month lows, trading sub-0.6800 figure

The AUD/USD currency pair is challenging the 0.6753 support.
Downside targets can be seen near 0.6725 and 0.6676 levels.

AUD/USD daily chart

AUD/USD dropped down sharply as it was anticipated and reached the 0.6790 and 0.6767 targets. As the market remains under selling pressure below the main daily simple moving averages (SMAs) the spot is likely to decline further on a break below the 0.6753 support. A bearish extension can see 0.6725 and 0.6676 levels become next on the bears’radar. Resistances are seen near 0.6775, 0.6796 and 0.6834 levels, according to the Technical Confluences Indicator.

Jan 27, 2020

EU’s Barnier: UK and EU need much more time for a trade deal

EU’s Barnier is crossing he wires and has said that Northern Ireland will be the part of the UK most impacted by Brexit. Key quotes EU-UK deal on Nort

USD/MXN hits two-week highs near 19.00 and retreats toward 18.90

The USD/MXN pair is rising on Monday for the third day in a row boosted by risk aversion. The greenback continues to rally against emerging market cur