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AUDUSD Bull Pressure Builds Up Towards 0.7337/81 Zone

AUDUSD bull pressure bulls up towards 0.7337/81 zone as more strength is expected. On the upside, resistance lies at the 1.7400 level. A turn above here will shift attention to the 0.7450 level and then the 0.7500 level. A violation will set the stage for a retarget of the 0.7550 level. Its daily RSI is bullish and pointing higher suggesting further strength. Support

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EURUSD Bear Pressure Builds Up Towards 1.1215 Zone

EURUSD bear pressure builds up towards 1.1215 zone as it looks to extend its weakness. Support stands at the 1.1200 where a break will aim at the 1.1150 level. A break below here will target the 1.1100 level. Further down, support lies at the 1.1050. On the upside, resistance comes in at 1.1350 level with a break through there opening the door for

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GBPUSD Outlook Remains Lower With Eyes On 1.2690 Zone

GBPUSD outlook remains lower with eyes on 1.2690 zone. The pair retains its broader downtrend supporting its present directional move. Support comes in at 1.2750 level. Further down, support stands at the 1.2690 level where a breach will turn focus to the 1.2650 level. Further down, support is seen at the 1.2600 level. Below here will set the stage for additional weakness towards

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USDJPY Threatens 113.62 Resistance Zone On Bull Pressure

USDJPY threatens 113.62 resistance zone on bull pressure. This is coming on the back of its Monday strength. On the upside, resistance comes in at 114.00 level. Above here will turn focus to the 114.50 level. Further out, we expect a possible move towards the 115.00 level if the earlier level is taken out. Above here will open the door for more strength

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EURUSD Retains Bear Pressure, Eyes Support Located at 1.12700

EURUSD retains bear pressure as it eyes more weakness towards the 1.1270 zone. Support lies at the 1.1250 where a violation will aim at the 1.1200 level. A break below here will aim at the 1.1150 level. Further down, support lies at the 1.1100. On the upside, resistance resides at 1.1350 level with a break through there opening the door for further upside

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EURGBP Remains Vulnerable Below Key Resistance At 0.8932

EURGBP emains vulnerable below key resistance rat 0.8932. This leaves risk of more decline on the cards. On the downside, support stands at the 0.8800 level where a violation will turn focus to the 0.8750 level. A break below here will aim at the 0.8700 level This leaves upside risk towards the 0.8950 level. A violation if seen will turn risk towards the 0.9000

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USDCHF Backs Off Lower Prices On Price Correction

USDCHF backs off lower prices on price correction with risk of more gain on the cards in the coming. On the downside, support lies at the 0.9950 level. A turn below there will set the stage for more decline towards the 0.9900 level. And then the 0.9850 level. On the upside, resistance resides at the 1.0000 level where a break will clear the

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AUDUSD Broader Risk Remains Higher Towards 0.7337 Zone

AUDUSD broader risk remains higher with strength expected towards its resistance located at 0.7337 level. On the upside, resistance lies at the 1.7350 level. A cut through here will turn attention to the 0.7400 level and then the 0.7450 level where a violation will set the stage for a retarget of the 0.7500 level. Support resides at the 0.7250 level where a breach

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