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Forex Flash: EUR/USD reaching a low - Nomura

EUR/USD printed a fresh 2013 low on Friday at 1.2955 following best US NFP in last 12 months, but that does not change Nomura's view: “We retain a bullish view,” the bank notes, expanding: “Bandwidth is in a plateau, indicating that the downward breakout is exhausting, and we are instead likely to see range bound price action. RSI is also at levels which suggest that we are reaching a low,” they suggests.

“Hence, a retracement higher looks likely. Our target is 1.3150,” the analysts conclude.

Japan Money Supply M2+CD (YoY) rises to 2.9% in Feb from 2.7%

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Forex Flash: Look for AUD/USD to revisit 1.0115 - NAB

After the RBA communicated last week that they still remain comfortably on hold, according to NAB strategists, "upcoming data in Australia will need to be very weak to shift RBA expectations.
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