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AUD/USD Analysis

The pair traded a $0.9188 to $0.9288 range during the US hours overnight before it started this morning at $0.9203.

The lack of follow through on Monday’s dip to $91.80 and the failure to

The pair closed in NY Tuesday at $1.6106 after rate was seen struggling to hold intraday gains,

The pair sank to another 2014 low of $1.2860 during Tuesday’s session before it recovered some ground to

With the rally having stalled ahead of the 3289.8 July monthly high the close back below

The EUR/USD again managed fresh 2014 and 14 month Tuesday before bouncing a little only to remain capped ahead

The pair opened at Y106.25 this morning in Asia after peaking at Y106.47 last night during the US hours,

The NZD continues to make headway lower, havingfollowed the AUD lower over the past 24 hours.

The correction lower from last week’s brief pop above the $0.9400 level gathered momentum again Tuesday with

EUR/USD: We see no reason to fight the trend. Any move close to 1.3000 is a sell,

Market price shifts from Monday’s NA close are relatively small but there are plenty of clues in markets that there is a major shift underway.

Now that European officials have expressed optimism off the benefits of a lower Euro exchange rate,