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US Treasury Secretary Bessenter: We are taking steps to prevent parties from providing support to Iran.US Treasury Secretary Bessant: Starting September 23, all Iranian airlines will cease operations worldwide.Futures Market Summary | Monday, September 21st, CCTV News Highlights: 1. The Political Bureau of the CPC Central Committee held a meeting to discuss documents to be submitted to the Fifth Plenary Session of the 20th CPC Central Committee for deliberation. General Secretary Xi Jinping presided over the meeting. 2. Xi Jinping will pay a state visit to the United States. 3. Xi Jinping replied to a letter from students of 10 American universities. 4. Wang Huning met with the Chairman of the Indonesian Peoples Consultative Assembly. 5. Ding Xuexiang received a delegation of Hong Kong and Macao youth flag-raising teams participating in the "Salute to the National Flag" event. 6. Han Zheng met with the Speaker of the Australian Federal Parliament. 7. China-US trade consultations were held in New York. 8. Zhang Youxia and Liu Zhenli were expelled from the Party and the military for serious violations of discipline and law. 9. Strengthening the sense of community and kinship among all Chinese people. 10. my country is accelerating the establishment of a modern grain circulation system. 11. This year, my country has built over 2,500 kilometers of new main oil and gas pipelines. 12. The State Council Information Office held a press conference for Chinese and foreign journalists entitled "Striving Individuals on the New Journey." 13. The Chinese team won 12 gold medals in a single day. 14. The "15th Five-Year Plan for the Construction of the Public Cultural Service System" was released. 15. The Supreme Peoples Court issued a judicial interpretation on the intersection of civil and criminal law. 16. Five departments rectified the problem of falsifying ecological and environmental monitoring data. 17. The State Administration for Market Regulation conducted a special inspection of mooncakes, and the overall safety situation was stable. 18. The 23rd China-ASEAN Expo closed today. 19. The 8th APEC Ministerial Meeting on Human Resources Development achieved several important results. 20. Commemorative activities for the 2026 International Day of Peace opened in Wuhan. 21. CCTV released a list of new audiovisual products related to agriculture, rural areas, and farmers. 22. Preliminary results of the Russian State Duma elections were announced, with the ruling United Russia party winning more than half the votes. Russia claimed that Ukraine launched a large-scale attack to interfere with the Russian elections and would intensify its attacks on the Ukrainian capital. 23. The US president stated that the Houthi rebels in Yemen agreed not to fight the US. 24. The ruling Christian Democratic Union (CDU) party in Germany suffered losses in two state elections. 25. Typhoon Dujuan caused flight cancellations in many parts of Japan. 26. Wildfires spread in Boyacá province, central Colombia.U.S. Treasury Secretary Bessenter: (When asked about Iran) It is impossible to predict how long the conflict will last.A spokesperson for the Iranian Revolutionary Guard stated: "The world has not yet witnessed the power and accuracy of our new weapons. We have acquired information on some new enemy targets that have not yet been attacked, and we will strike these targets if we are attacked."

AUD/NZD Price Analysis: Bulls Surpass 1.0790 Resistance Confluence Due To Positive Australian Employment Report

Alina Haynes

Apr 13, 2023 14:19

 AUD:NZD.png

 

AUD/NZD supporters are approaching their highest levels since early March as a result of a four-day uptrend following Thursday morning's release of robust Australian employment data. At the time of publication, the currency pair is accepting bids to reestablish the multi-day high near 1.0810.

 

The Australia Bureau of Statistics (ABS) reported for the month of March that Employment Change increased by 53K compared to 20K expected and 64.6K previously, while the Unemployment Rate remained unchanged at 3.6% compared to expectations of 3.6%. In addition, the Participation Rate rose to 66.7%, exceeding the 66.7% predicted by the market.

 

The AUD/NZD pair surpassed the previous critical resistance confluence surrounding 1.0790, which was comprised of the 100-day moving average (DMA) and a one-month-old downward trend line.

 

The bullish MACD signals and stronger, non-overbought RSI (14) line contribute to the strength of the upside bias.

 

The AUD/NZD bulls are currently positioned to test the 50-day moving average of 1.0824. However, the preceding monthly apex of about 1.0895 and the round number 1.0900 may limit future gains.

 

Alternately, retracement remains elusive until the AUD/NZD pair remains above the support-turned-resistance level of 1.0790.

 

Then, a breach of the upward-sloping trend line from March 5 and the 61.8% Fibonacci retracement level of the pair's run-up from December 2022 to February 2023, located near 1.0705, could give the bears room to maneuver in their subsequent analysis.


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