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Flash: EUR/GBP’s outlook has changed – Commerzbank

FXstreet.com (London) - Analyst, Axel Rudolph at Commerzbank has said that EUR/GBP’s outlook has changed to short term bullish now that it has overcome resistance made up of the 2013 downtrend line and 55 day moving average at 0.8486/0.8516.

Their next upside target is the 0.8559 April 9 and 10 high which is around the next higher 0.8591 April 22 high the currency pair may struggle again, though. At present they expect the current rally to run out of steam around the 0.8637 April peak.

NZD/USD bounces off intraday lows to 0.8138/44

The NZD/USD has rallied off of intraday lows at the 0.8112 level during US trading, recovering the mark of 0.8138/44 in these moments.
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Flash: What to expect in EUR/USD on Bernanke - BMO Capital Markets

Ahead of today´s Bernanke testimony, Stephen Gallo, European Head of Currency Strategy at BMO Capital Markets has taken a look at what it could mean for EUR/USD.
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