Australian dollar showed weakness against its major counterparts as the business confidence in Australia continued to fall in April. The Aussie fell to a 4-day low against the greenback.
Tech View
Aussie is expected to be on downtrend for the day. With trading range is expected between 0.9340 -0.9430 levels. currency has its support at 0.9320 levels and holds resistance at 0.9445 levels. stochastic and Momentum are giving clue for the currency to trade on downside for the day.
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