The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending H2 level pattern is currently truncated, a "double bottom" pattern is forming, an extended bullish divergence is also forming on Awesome Oscillator.
Technical side:
The price is below …
Friday, October 2nd, today’s news—the president of the US Donald Trump tests positive for the coronavirus. European and American markets reacted with a decline, oil prices and Treasury yields dropped, while the dollar and the yen are up as risk appetite slips, gold prices also rise. The price of Brent …
The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from its lowest since September 22 against the US dollar after the developments and economic data that they followed on the Australian economy and on the …
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