Australian Dollar was fell from 24 year record highs on the back of weaker commodities .Aussie headed for a fourth weekly gain and was set for a second versus the U.S. dollar on speculation the nations' central banks will keep interest rates high enough to attract investors.
Tech View
Aussie is seen on a bull run for the day with the trading range of 0.9540-0.9650. currency has its support at 0.9515 levels and holds resistance at 0.9680 levels break of which will see 0.9700.Aussie is seen trading above the fast moving average giving confirmation on the bull run. Both Stochastic and RSI are also supporting the bull note.
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