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Fundamental analysis: Phase one deal seems do be reached, the market has already been priced in. China manufacturing order came out above 50 level so that help to lift AUD and NZD. Risk on mode to start the week and volatility seems to pick up.
Technical analysis : Break of our resistance on 74.300 level we could see a potential long to around 75.380 handle RSI just above 50 level.
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Fundamental analysis: Phase one deal seems do be reached, the market has already been priced in. China manufacturing order came out above 50 level so that help to lift AUD and NZD. Risk on mode to start the week and volatility seems to pick up.
Technical analysis : Break of our resistance on 74.300 level we could see a potential long to around 75.380 handle RSI just above 50 level.
Feel free to visit our website: www.fxtradingservices.com
Instagram: fxtradingservices