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HIA New Home Sales

Published 01/09/2012, 06:59 AM
Updated 02/13/2020, 10:25 AM
AUD/USD
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USD/SGD
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GUID
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HIA New Home Sales for Aussie in November rose by 6.8% from a 5.5% increase the prior month. The AUDUSD pair moved back to the 1.02 handle following the improved, however back dated release. On the chart below we see the pair found seems to be finding some support for now at the 100 day mavg and the old 50% level of the October to November move.

<span class=AUD/USD" title="AUD/USD" width="528" height="634">

USDSGD Breaks 21Day

The USDSGD pair has continued higher off trendline support we reviewed last week  and has now broken through the trending 21day mavg and could retest trendline resistance/top of the wedge in short order if risk off sentiment persists.

<span class=USD/SGD" title="USD/SGD" width="576" height="313">

usd/cnh continue to test the bottom of the wedge

usd/cnh

USD/SGD getting close to the top of wedge for a four try

<span class=USD/SGD" title="USD/SGD" width="532" height="518">

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