The Australian dollar has rallied during the trading session on Monday but does seem to be struggling a little bit extending this range as well. Ultimately, if the market were to turn around a break down below the 200 day EMA it should bring in plenty of selling.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now