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AUD/NZD momentum is supportive for attempt higher

On the 4hr AUD/NZD chart, the MACD has moved above zero making the near-term structure supportive for an attempt higher.

Such a momentum indication, unseen for at least for 30 periods, indicates that key price breaks are on the horizon. There is a real threat of AUD/NZD rate moving now considerably higher as buyers may get aggressive in the short term.

GBP/JPY momentarily out of favor

GBP/JPY momentarily out of favor
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GBP/USD: back above 200-DMA

The GBP/USD pair bounced-off from a key Fib support in the NY session on Friday and rose back above its 200-DMA located at 1.5318 in Asia today.
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