15.05.2020
The Australian dollar against the US dollar pair started to bounce up after testing the 0.6407 level, and gets a positive signal through the stochastic, which supports the expectations of the continuation of the bullish trend during the coming period, which begins its goals at 0.6530 and extends to 0.6685 after crossing the previous level.
On the other hand, it should be noted that breaking 0.6407 and holding below it will stop the expected rise and press the price to shift towards the downside and visit 0.6236 areas initially.
The expected trading range for today is between 0.6400 support and 0.6530 resistance.
Expected trend for today: bullish.
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