The pair continues trading in the range of 0.6800-0.6975 amid falling demand for risky assets due to the aggravation of the situation in the US around COVID-19, despite the continuation of the gradual recovery of the country's economy.
Technical side:
The price is below the middle Bollinger band, below …
The pair remains in the range in due to the controversial factors, which on the one hand, support the demand for commodity assets, which is beneficial for the Australian currency, but on the other hand, the theme of the pandemic doesn't allow it to break out of this range. …
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