Australian dollar eased against the Greenback, taking a breather from a six-day rally, ahead of a crucial Federal Reserve meeting which will be eyed for cues on future monetary policy.
TECH VIEW:
AUD is expected to have a profit booking for previous bull run. Trading range of 0.9400-0.9530.Good support seen at 0.9390 and resistance for the currency is seen at 0.9550.Stochastic remains flat. Momentum in upward trend but holds the bull note only for near term.
AUD is expected to have a profit booking for previous bull run. Trading range of 0.9400-0.9530.Good support seen at 0.9390 and resistance for the currency is seen at 0.9550.Stochastic remains flat. Momentum in upward trend but holds the bull note only for near term.
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