Australian dollar closed weaker for the third day in a row following a stronger US dollar that was boosted by comments from the European Central Bank (ECB) chief who said euro zone economic growth would stall in coming months.
Tech Outlook:
AUD is expected to be on correction phase by formating a spike in the morning session . the indecisive movement would take upward direction by breaching 0.9750 levels in near term .trading range is expected between 0.96940levels and holds resistance at 0.9740 levels. Momentum remains in neutral phase.
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