YourLazyTrader

Range bound trading for AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUD/USD is confined within a fixed range as I have illustrated in the chart.
Although, AUDUSD made a recovery yesterday due to US Dollar weakness across
the board, I expect AUD/USD to reach the support level at 0.6586 in a day or two.
Traders are advised to keep the above points in mind before trading AUDUSD
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