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Forex: AUD/USD hits 3-day high

The Australian dollar finally broke above the 1.0250 resistance area and extended gains during American hours as stocks rally in Wall Street and the Dow Jones reaching an all time high.

AUD/USD gathered momentum and pushed higher to print a 3-day peak of 1.0261 in recent dealings. At time of writing, the cross is trading around 1.0255/60, recording a 0.6% gain since opening.

In terms of technical levels, immediate resistances could be found at 1.0290 (high Feb 28), 1.0300 (psychological level) and 1.0325 (high Feb 25). On the downside, immediate supports are seen at 1.0200 (psychological level), 1.0180 (lows Feb 27/Mar 1) and 1.0115 (low Mar 4).

Forex: EUR/USD hovering over 1.3045/50

The single currency keeps the positive ground in the area of 1.3045/50 on Tuesday, as the US session is drawing to a close and the risk appetite continues to prevail...
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Forex Flash: EUR/USD caught in ranges ahead of ECB and payrolls - UBS

The European PMI releases confirmed the unusually strong divergence between strong German growth and a very soft French and Italian growth, says the UBS analyst team. "EURUSD nevertheless stood little changed above the key resistance of 1.30".
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