AUD/USD: Weekly chart showed room for the pair to run to 0.9209 (Kijun/50% Fib) after a weekly close above 38.2% of the Oct-Jan slide at 0.9079. 200-DMA is at 0.9151. AUD/NZD’s by 45-yr range base.
EUR/USD: Range trading for the pair 1.3887/1.3948. Resistance still holding at 1.3970 with plenty of supply 50/500. Italy’s PM visted with Merkel & floated a less austere budget plan that would raise the deficit to 2.9% of GDP.
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