AUD/USD: Lack of upward momentum – Société Generale

AUD/USD has experienced a deeper pullback after approaching projections and the upper limit of a multi-month ascending channel near 0.6950/0.6965, Société Generale’s FX analysts note.
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NZD/USD bounces up to the 0.6000 level with the US Dollar losing momentum

The New Zealand dollar has capitalized on the moderate US Dollar weakness to regain some losses.
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