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Flash: AUD/USD further losses to come – Commerzbank

FXstreet.com (London) - The technical analysis team at Commerzbank had an initial target of 0.9871/62 for the pair. This is the location of the 200 week ma and the 2011-2013 uptrend, and they are now looking for further losses. They said that rallies will find initial resistance at 0.9934/1.0020 and are expected to find that the previous range lows at 1.0100/16 to offer good interim resistance.

USD/JPY stable around 102.50

The Japanese yen has resumed its downside against the greenback on Friday, meandering around the mid 102.00s and heading towards Thursday’s tops around 102.65/70...
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Flash: MXN - Emerging markets – TD Securities

Research teams at TD Securities noted that January data came in strong on the heels of the sound US data at the beginning of the year.
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