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The Jackson Gap symposium is kicking off formally immediately. Which means central bankers will probably be talking. The course Fed chair Powell would be the spotlight tomorrow when he addresses the attendees at 10 AM ET.
So what ranges are in play immediately?
- EURUSD trades again beneath the 100 hour MA after the “attempt” above failed. That MA is at a0.9977. Keep beneath is extra bearish.
- GBPUSD additionally moved above its 100 hour MA however continues to be making an attempt to remain above that MA on a take a look at. Can patrons maintain assist towards the extent or will it fail just like the EURUSD
- USDJPY continues its ups and downs above and beneath the 100 hour MA at 136.96
- NZDUSD moved above the 100 hour MA and raced towards the 200 hour MA the place sellers leaned
- AUDUSD did get above its 200 hour MA immediately and raced larger. Nonetheless, it’s coming off on greenback shopping for
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