11.11.2020
The Australian dollar against the US dollar starts positive trading today, moving above 0.7300, which supports expectations of continuing the bullish trend in the intraday and short term, and the way is open to achieving our awaited target at 0.7413.
The SMA 50 continues to support the suggested bullish wave, keeping in mind that breaking 0.7210 will pressure the price to initially test 0.7055 areas before any new attempt to rise.
The expected trading range for today is between 0.7230 support and 0.7400 resistance
The expected general trend for today: Bullish
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