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- Nomura Securities International Inc (based on Bloomberg)
Pair's Outlook
The market shoved at leas some move today, moving the pair for 145 pip above the last close. Yet, the AUS/USD managed to break the weekly PP at 0.8146, but could not hold the position and USD depreciated versus its counterpart, trading near the Bollinger band at 0.82. During the day the cross managed to tick up to 0.829, higher, but close to the monthly PP, and tumbled to the 20– day SMA at 0.813.
Traders' Sentiment
74% of opened positions are placed to be long. Meanwhile, the 50– pip pending orders are opened long for half of the market participants. The 100– pip orders are placed to be long for 38% of traders.
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