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Depressed NZD/USD falls below key SMA

NZD/USD has just crossed below its 200-hour SMA. The last such price-indicator cross has been registered at least over a week ago on this time frame, accentuating its significance.

Traders maintaining a downside bias, extend their projections to the 800-SMA, which corresponds to the 200-SMA on 4hr charts.

WTI recovers $46.00 and above

Prices for the black gold have reverted the initial drop and are now heading to the area of session peaks in the upper-$46.00 per barrel...
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USD/JPY: bulls looking for 120.88 again?

USD/JPY is currently trading at 119.89 with a high of 119.97 and a low of 119.40.
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