Speer Bank was able to breach the 235.80 resistance level at 61.8% Fibonacci retracement. It reached the next level at 241.95
The price is moving in an uptrend with positive support from moving averages 7-20-50 that move below the price and give it stability to rise and form support levels …
The Australian dollar fluctuated in a narrow range, tilted lower during the Asian session to witness the rebound for the third session in five sessions from its highest since late October, when it tested the highest since July 26 against the US dollar amid the lack of economic data earlier …
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