Australian dollar gained against the U.S. currency after a government report showed rebound in jobs.
TECH OUTLOOK:
AUD chart pattern indicates the currency to be on bull run . With the trading range expected between 0.9570-0.9630 levels. Support for the currency is seen at 0.9550 levels and resistance is seen at 0.9650 levels for the day. Momentum and stochastic are signaling towards a bullish movement and Currency is also seen trading below the fast moving averages supporting the view.
TECH OUTLOOK:
AUD chart pattern indicates the currency to be on bull run . With the trading range expected between 0.9570-0.9630 levels. Support for the currency is seen at 0.9550 levels and resistance is seen at 0.9650 levels for the day. Momentum and stochastic are signaling towards a bullish movement and Currency is also seen trading below the fast moving averages supporting the view.
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