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AUD Analysis 27.11.2019

27.11.2019

Market Review

AUDUSD holds steady below broken support, keeping negative pressure intact for the upcoming period, awaiting targeting 0.6725 then 0.6670 as next major stops, noting that SMA 50 supports the expected decline, which will remain intact unless breaching 0.6840 And persistence above it.

Expected trading range for today is between 0.6720 support and 0.6800 resistance.

Expected trend for today: Bearish.

Author: admin
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