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      EUR/USD Technical Analysis: Squeeze higher seen testing 1.1450 and probably beyond

      • EUR/USD is now facing some headwinds just above the critical 1.1400 the figure.
      • After leaving behind the 200-day/week SMAs in the mid-1.1300s, the pair now seems to be ready to extend the up move to March tops in the mid-1.1400s mark and beyond.
      • This important hurdle is considered the last defence for a visit of 2019 highs in the 1.1550/70 band.

      EUR/USD daily chart

       

       

      US Dollar Index Technical Analysis: The index is expected to hold the downside around 95.80

      DXY daily chart Dollar Index Spot Overview Today last price 96 Today Daily Change 17 Today Daily Change % 0.01 Today daily open 95.99 Trends Daily SMA
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      Australia: Tax cuts to spur on household spending - ANZ

      Analysts at ANZ point out that for the Australian economy, tax cuts are arriving in the form of tax refund payments from July and thinks that the boos
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