The Australian Dollar was one of the main gainers overnight as improved risk sentiment saw the pair surge above the Key 0.7000 level. . Base metals also rallied and this underpinned the commodity currency further.
Tech view
AUD R1: 0. 7130 S1:0.6990
R2: 0.7140 S2: 0.6980
Chart pattern shows the currency to have sideways movement for the day. .Trading range is expected between 0.7010-0.7110levels .Stochastic is seen trending up giving indication of a bullish consolidation for the day.
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