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Forex Flash: Bunds to find support at 20-day MA – RBS

According to Technical Strategist Dmytro Bondar at RBS, “Bunds remain long from the 145.50/65 support level, as oscillators started to exit the overbought condition and a good support is expected at the 20-day MA of 145.35 and 145.11 Fibonacci level, being 138.2% projection from the Feb. impulse wave.”
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US: MBA Mortgage Applications rise to 4.8% in April-12 week

In the week ending at April 12, mortgage applications rose 4.8%, following a 4.5% improvement in the prior month, according to MBA.
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