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The currency pair is testing the support zone in the range of the round intermediate level 1.1750. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold situation.

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Trading recomendations:

Buy when an ascending wave pattern …

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, its stability near its highest level since mid-April of 2019 against the US dollar, following developments and economic data that it had reported on the Australian economy and on the cusp of developments and …