The Australian dollar fluctuated in a narrow, bullish range during the Asian session to witness the rebound for the second consecutive session from the lowest since March 18, 2009 against the US dollar following the developments and economic data that followed from the Australian economy and on the eve of …
The pair recovers after reaching the local minimum. The correction is likely to continue until Friday's release of employment data from the US Department of labor. If the values are weaker, as shown by the figures from ADP on Wednesday, the pair is likely to turn down and continue to …
The stock is trading flat in a range of its upper limit. Breakout of the 131.25 level will result the formation of a downward pattern 123. Moving Averages on Stochastic Oscillator are in the range of level 80 (overbought zone).
Trading recommendations:
Sell below 131.25.
Stop Loss – 133.50.
Target …
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