The Australian dollar rose after a government report showed producer prices climbed by a record in the first quarter. The New Zealand dollar advanced as rising equities encouraged investors to buy higher-yielding assets.
technicals for the day
AUD chart pattern indicates uptrend for the day .the momentum is trending towards the bull run and stochastic supports for the same. currency lends its support at 0.9230 and resistance at 0.9450 levels. the trading range is expected between 0.9290-0.9420 levels.
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