26.05.2020
The Australian dollar versus the US dollar continues to fluctuate when supporting the main bullish channel, which now rises to 0.6530 and maintains its stability above it. Therefore, our expectations for the upward trend will remain valid for the next period, which targets the level of 0.6685 as the next main station, noting that SMA 50 continues to Support the proposed bullish wave.
The expected trading range for today is between 0.6480 support and 0.6600 resistance.
Expected trend for today: bullish.
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