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USD/HUF mid-term buyers gaining momentum

On the 4H USD/HUF 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 USD/HUF higher.

USD/CAD posts 52 week high

USD/CAD posts 52 week high
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Nikkei sees relief rally, rest of Asia lower

Mixed sentiment is seen around the Asian equities, with the Japanese stocks staging a solid comeback after hitting monthly lows on Thursday. While rest of Asia trades in the red amid continuous decline in oil prices.
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