Technical Analysis: Australian Dollar rises to near 0.6620 followed by a major resistance
The Australian Dollar trades around 0.6620 on Friday. Key resistance is noted near the major level of 0.6650, followed by the psychological barrier of 0.6700 level. On the downside, the pair meet the psychological support at 0.6600 level followed by the 23.6% Fibonacci retracement level of 0.6585. A break below the latter could push the AUD/USD pair to navigate the region around the nine-day Exponential Moving Average (EMA) at 0.6560 before the major support of 0.6550
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