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AUD/USD mid-term buyers gaining momentum

On the 4H AUD/USD chart, the MACD has moved above zero denoting an uptrend.

Such a momentum indication, unseen for at least for more that a week, indicates that key price breaks are on the horizon. Likely, momentum traders who had been waiting for this technical signal will likely try to push AUD/USD higher.

RBA on hold for now while contingent easing bias added – TDS

Research Team at TD Securities, notes that the RBA kept rates on hold at 2% and added a contingent easing bias and the tone was not as dovish as the shift in stance would suggest.
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AUD/NZD short-term extreme overbought

AUD/NZD short-term extreme overbought
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