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AUD analysis 30.01.2020

30.01.2020

Market Review

The Australian dollar versus the US dollar resumes its negative trading to approach the 0.6700 barrier, to keep the downtrend valid and active on the intraday and short term, supported by the negative pressure formed by the EMA50, while recalling that our expected target is at 0.6670, while achieving it requires stability below 0.6815.

The expected trading range for today is between 0.6670 support and 0.6770 resistance.

Expected trend for today: bearish.

Author: admin
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