Bank of America Merrill Lynch is bullish the USD and long the greenback against both the AUD and NZD. BofA is also looking to initiate a short EUR/USD position. Beginning with AUD/USD, BofA thinks that the consolidation since early Oct is drawing to a conclusion and the larger bear trend is ab…

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Short AUD/USD, NZD/USD; Looking To Sell EUR/USD Bounces – BofA Merrill
