The Australian dollar has rallied slightly during the trading session on Monday as we continue to dance around the 50 day EMA. However, the 50 day EMA of course, has been an area that the market comes back and forth from. So, I think we’re still looking at the market as one that is very much stuck in the same range it’s been in for quite some time between the 0.62 level on the bottom, and the 0.64 level on the top.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.