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USD/CAD momentum is supportive for attempt higher

On the 4hr USD/CAD 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 USD/CAD rate moving now considerably higher as buyers may get aggressive in the short term.

China: growth still there - TDS

Analysts at TD Securities noted the Chinese data at the start of the week with growth remaining at the upper-end of the expectation range.
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NZD/USD bulls committing within phase of consolidation

NZD/USD is currently trading at 0.6792 with a high of 0.6796 and a low of 0.6783.
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