The Australian Dollar was very quiet keeping to a tight range with Australia away on Boxing Day. Gains in the US session on the back of surging gold and Oil helped to keep the pair buoyant into the weekend.
TECHNICAL VIEW
AUD R1: 0. 6910 S1:0.6810
R2: 0.6920 S2: 0.6800
Chart pattern signals a upside movement for the day .Trading range is expected between 0.6820-0.6900levels .Stochastic is seen flat and currency is trading between the fast and slow moving averages.
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