Aussie’s rise to 0.7645 yesterday puts it in a good position to extend the rally through 0.7715 and towards 0.7790.But today it should range, extending the rise to 0.7660 then pulling back to 0.7600 before continuing the rally.Only a drop through 0.7590 will suggest a new decline may be starting.
Kiwi could only drift up to 0.6430 yesterday and remains vulnerable to a quick drop back to 0.6355.But then the rally should resume for 0.6500/50.
Dollar/Canada pushed lower immediately yesterday and should continue towards 1.1040.Interim rises are limited to 1.1210.
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