The Australian dollar (Aud) is expected to cite with a bearish trend; A mild impulse suggests that any fall is limited to a 0.6230 test. In the long term, the accumulation of impulse is fading; A rupture below 0.6230 would mean that the AU will probably quote in a range, the FX analysts of UOB Group, quek being Leang and Peter Chia.
The Aud Cotice is expected with a bearish trend
24 -hour vision: “Our expectation that the AUD was quoting with a ‘bearish trend’ yesterday did not materialize. We continue to detect a slight increase in the bassist impulse and we hope that the AUD Cite , any fall is limited to a 0.6230 test.
Vision at 1-3 weeks: “Our most recent narrative was since last Thursday (February 6, Spot in 0.6280), where ‘the bullish impulse is beginning to accumulate, and if the AU closes above 0.6310, it could trigger a progress at 0.6355. ‘ Since then, the AU has quoted relatively quietly, and the accumulation of impulse is fading. In a range. “
Source: Fx Street
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