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AUD analysis 19.12.2019

19.12.2019

Market Review

The Australian dollar versus the US dollar pair starts trading today with an upward trend after building on the EMA50, to keep the upside scenario active and effective for the coming period, supported by the approach of the stochastic indicator from oversold areas in the sale, pending a visit to the level of 0.7015, noting that the expected expected continuation requires stability Above 0.6670.

The expected trading range for today is between 0.6840 support and 0.6930 resistance.

Expected trend for today: bullish.

Author: admin
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