United States EIA Natural Gas Storage change came in at 9B, above expectations (5B) in November 20
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Nov 26, 2015
AUD/USD: bulls be lurking below 20 4hr SMA - FXStreet
Valeria Bednarik, chief analyst at FXStreet explained that the AUD/USD pair advanced up to 0.7282, its highest in 5 weeks, but ended the day unchanged around 0.7240, having established a higher high and a higher low daily basis, but also giving some signs of upside exhaustion in the daily chart, anticipating some downward movement for the upcoming sessions.
AUD/USD has been building a case on the bid in a minor recovery of the November lows to date. However, the greenback was better bid across the board today and has dragged on the coat-tails of the otherwise resilient Aussie. With the US closing up books ahead of Thanksgiving the Asian markets may have the last dance on the Capex data before the week is out with mixed sentiment surrounding the outcome for Q3 results.