13.12.2019
The Australian dollar versus the US dollar made a noticeable positive trading yesterday, crossing the 0.6900 barrier, which supports our continuation of the bullish trend effectively during the upcoming sessions, awaiting further rise to visit the 0.7015 level as the next main target.
SMA 50 supports the expected rally, which will remain intact, provided stability above 0.6765.
The expected trading range for today is between 0.6880 support and 0.6970 resistance.
Expected trend for today: bullish.
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