Australian Dollar headed for a weekly gain on rising commodity prices and prospects for a prolonged U.S. economic slowdown that may prompt the Federal Reserve to delay raising interest rates.
Tech Outlook:
AUD R1: 0. 8830 S1:0.8740
R2: 0. 8850 S2:0.8720
Chart pattern is seen on mixed note for the day. Trading range is expected between 0.8750-0.8820 levels .Momentum remains supportive for the bullish move. RSI also supports the same .
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