Australian dollar approached a 25-year high after retail sales rose at the fastest pace in six months, adding to speculation that the central bank will raise rates.
Tech Outlook
AUD is trading in the bull note . Trading range is expected between 0.9510-0.9630 levels. Support is seen at 0.9500 levels and resistance at 0.9640 levels for the day. Momentum remains in the uptrend hinting the bull rally to continue for the day.
AUD is trading in the bull note . Trading range is expected between 0.9510-0.9630 levels. Support is seen at 0.9500 levels and resistance at 0.9640 levels for the day. Momentum remains in the uptrend hinting the bull rally to continue for the day.
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