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Forex Flash: EUR/USD rebound from 1.3000 Is corrective – Commerzbank

FXstreet.com (Barcelona) - Commerzbank analysts see the small rebound from 1.3000 as corrective and continue to view the recent failure ahead of the 1.3225/50% retracement as an interim peak. The support at 1.3000/1.2995 guards the 200 day ma at 1.2934 and the 1.2740 recent low. “Key support remains 1.2679/61, this is the 61.8% Fibonacci retracement of the July-to-January rise and the November 2012 low. Above 1.3225 will indicate a deeper retracement to 1.3340 and possibly 1.3503 (not favored)”, wrote analyst Karen Jones.

Forex: USD/CHF still capped by resistance at 0.9340

The USD/CHF keeps finding its high at 0.9340 since April 10, and after a fall to test the 0.9200 ground (low at 0.9206) on the 16th and 17th, the market restored the price but remains stuck below such resistance.
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Forex: AUD/USD extends the decline

The Aussie dollar is clinging to the positive ground on Monday, prolonging its intraday correction and breaching the key support at 1.030...
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