The pair is heading to the downside from the top of 0.7406, but it remains above the 100-day moving average, which represents a major support for the pair. Therefore, we prefer to remain neutral while waiting for the pair to deal with the 100-day moving average.
Below 38.2% fibo we may test 0.7318 then 0.7264
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AUD USD Analysis Nov 30
Reviewed by DR HISHAM M YOUNES
on
November 30, 2020
Rating:
Reviewed by DR HISHAM M YOUNES
on
November 30, 2020
Rating:
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