Germany Industrial Production n.s.a. w.d.a. (YoY) climbed from previous -0.1% to 0.8% in October

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AUD/USD erodes the base of its 18 month down channel at 0.8344 – Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that AUD/USD has sold off to and eroded the base of an 18 month down channel at 0.8344, with long term support at 0.7950/30 levels.
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EUR to see a rebound near 1.2100 levels – Vladimir Mihaylov

Vladimir Mihaylov, Independent Analyst, expects the current downslide of the EUR/USD pair to halt somewhere above 1.2100 levels and initiate a strong recovery upside.
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