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AUD analysis 14.01.2020

The Australian dollar versus the US dollar trades around the 0.6900 level, and gets a positive crossover signal through the stochastic, waiting for the price to stimulate the resumption of the expected bullish direction over the intraday basis, which mainly aims to test the 0.7015 level.

It should be noted that the expected continuation of the rise requires stability above 0.6875.

The expected trading range for today is between 0.6870 support and 0.6970 resistance.

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