Technical Analysis

Australian dollar technical analysis Credit Suisse discusses AUD/USD technical outlook and highlights the importance of the 0.6706 level for near-term direction.  “AUDUSD saw another concerted effort to break above the pivotal resistance zone composed of the 200-day average, the March high and 78.6% retracement at 6706. Although further consolidation should still be allowed for, in
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Nasdaq now higher on the day The Nasdaq fell 2% at one point today but is now up 0.1% in another impressive turnaround. Money continues to flood into the market despite the Hong Kong situation as optimism about the economy reopening continues to build. The market appears to have drawn the conclusion that the virus
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