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Daily analytical report (22/11/16)
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Global correction of the USD is on, but they are losing momentum.
SP500 follows oil and advances higher.
Oil follows rumours about an agreement to cut output, but what will Iran do?
CAD and NOK are happy with the price of the oil and are gaining.
AUDUSD has two nice resistances ahead. Which one will be used (if any)?
Gold with a potential double bottom with a divergence at 1207 USD/oz – a crucial long-term support.
Source:: Daily analytical report (22/11/16)