The currency pair is trading in the range of the round important level 0.6300. A descending truncated pattern has formed. A bullish divergence has formed on Awesome Oscillator, Stochastic Oscillator signals oversoldness. The exit from the zone of the round important level will result in the formation of an ascending …
The Australian dollar fell during the Asian session, to prepare for the second weekly and monthly losses in a row, and to witness its stability near its lowest level since mid-March 2009 against the US dollar, following developments and economic data that it had reported on the Australian economy and …
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