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AUD analysis 09.12.2019

09.12.2019

Market Review

The narrow range still dominates the trading of the Australian dollar against the US dollar, which continues to fluctuate around the EMA50, and as long as the price is above 0.6755, our bullish outlook will remain effective, waiting for a positive incentive enough to push the price to visit our main awaited target at 0.7015.

The expected trading range for today is between 0.6800 support and 0.6880 resistance.

Expected trend for today: bullish.

Author: admin
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