The Australian dollar fluctuated in a narrow range slipping towards the Asian session, its lowest since January 3, and is preparing for its third consecutive weekly loss against the US dollar following the economic developments and data that followed on the Australian economy and on the eve of economic developments …
Amazon made a new high near 1951.00 and then rebounded towards the 1890.43 support line to test it but could not break it.
The price fluctuates below the 7 and above the 20 and 50 moving averages that support the price to rise and continue on the upside.
Stochastic begins …
The US dollar fluctuated in a narrow bullish range during the Asian session to see its rebound to its second low since April 11 against the Japanese Yen amid a lack of economic data this week by the Japanese economy in the shadow of the longest vacation in Japan's history …
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