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Flash: AUD/USD could breakout to 0.9150 - FXStreet

FXStreet (Guatemala) - Ivan Delgado, the Head of Asian Editors at FXStreet noted the current position of AUD/USD and suggests a breakout to 0.9150 could be on the cards in his article, "Ichimoku: AUD/USD shifts focus to 0.9080".

Key Quotes:

“Trading the range is the way to go”.

“Now focus is on 0.9080, where we may see either a topside failure to extend the range or a breakout that can potentially lead to 0.9150, next upside target”.

“Any intraday setback, try to understand what is driving it, and if only technical, it could be a good chance to join the ongoing bullish momentum wave to carry prices higher”.

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A stronger sell-off in EUR/USD is looming but has not been initiated yet, notes Thomas Anthonj, FX Strategist at JP Morgan.
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According to Raiko Shareef, Currency Strategist at BNZ, the NZD appears to have largely peaked against all of the TWI currencies.
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