17.02.2020
The narrow range continues to dominate the trading of the Australian dollar against the US dollar, which is moving near 0.6754, and as long as the price is below this level, our bearish expectations will remain valid for the next period, supported by the gradual loss of the positive stochastic momentum, noting that we are waiting to target levels 0.6670 then 0.6560 mainly.
The expected trading range for today is between 0.6670 support and 0.6755 resistance.
Expected trend for today: bearish.
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