years on the market

Australian Dollar Analysis 30-06-2020


The narrow range continues to dominate the trading of the Australian dollar against the US dollar, and therefore, there is no change in our expectations for the downside targeting the 0.6700 level, noting that a break of 0.6900 will stop the expected decline and lead the price to start recovery attempts and achieve positive goals that start at 0.7064.

The expected trading range for today is between 0.6800 support and 0.6950 resistance

Expected trend for today: bearish

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