The Australian dollar versus the US dollar found strong support at 0.7665, to rebound to the upside and head towards a possible re-test of the previously broken support of the ascending channel, which turns into an important resistance now at 0.7745, where the price needs to stabilize below this level …
Amazon stock continues in the sideways track above the support level 3114.40 despite breaching the support level of the ascending channel that it was moving within last month.
The moving averages are pressing the price further downwards as the 7-20-50 moving averages form a very strong resistance level above the …
The pair found support at 1.2060 as the moderate optimism returns to the market. This may lead to a local rebound, but the growth will be limited, as investors await tomorrow’s monetary policy decision by the ECB.
Technical side:
The price is located below the middle Bollinger band, above …
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