AUD/USD momentum is supportive for attempt higher

On the 4hr AUD/USD chart, the MACD has moved above zero making the near-term structure supportive for an attempt higher.

Such a momentum indication, unseen for at least for 30 periods, indicates that key price breaks are on the horizon. There is a real threat of AUD/USD rate moving now considerably higher as buyers may get aggressive in the short term.

United States NAHB Housing Market Index came in at 65, above expectations (60) in September

United States NAHB Housing Market Index came in at 65, above expectations (60) in September
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USD/CHF clings to 0.9800 on weaker dollar

After reaching highs near 0.9820 in early trade, USD/CHF has now returned to the 0.9800 neighbourhood amidst generalized offered bias around USD. USD
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