The NZDUSD price didn’t show any strong move in the previous sessions, to continue fluctuating around 0.5700$ barrier, thus, no change to our neutrality until we get clearer signal for the next trend, through breaching 0.5738$ resistance or breaking 0.5690$ support.
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The AUDUSD price leaned on the EMA50 and starts to provide positive trades to test the key level 0.6322$, noticing that stochastic shows positive signals that support the chances of achieving more rise in the upcoming sessions.
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Brent oil price continued to rise to succeed touching the bearish channel’s resistance line that declined to 71.70$, to rebound downwards clearly from there and head towards resuming the main bearish track within the mentioned channel, and the price needs to surpass 70.10$ to reinforce the chances of continuing the bearish bias in the upcoming sessions.
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Crude oil price rise stopped at the EMA50 that formed solid resistance around 68.20$, to force the price to rebound bearishly and move below 67.05$ again, which stops the positive scenario suggested in our last report and push the price to resume the main bearish trend within the bearish channel that appears on the chart.
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