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NZD/USD stages powerful rally

Accordingly to the 1-hour MACD, the runaway NZD/USD market has reached its highest intraday momentum of the last month of trading.

Caution is advised not to trade into a buying climax as a torrent of selling could very well ensue. This could take the form of short-term profit taking or long-term sellers joining the market. The just printed hourly MACD value shows less acceleration, an early sign of a possible plunge in NZD/USD price action.

AUD/USD smashing the upside on smashing jobs data

AUD/USD is off on the bid after a very strong jobs number, almost fairy tale stuff, and just in time for the bulls as the pair was looking as though it was a tried position on the bid and an overdue correction was on the cards.
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AUD/JPY stages solid comeback on stellar Aus jobs

The Australian dollar rallied more than 1 big figure against its Japanese counterpart this session, with AUD/JPY storming through 89 handle, after the Australian jobless rate unexpectedly ticked lower in Nov.
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