TechnoMeter

The Australian Dollar fell, extending losses this past week. Will a jobs report revive some strength for AUD/USD? Technical and sentiment analysis seems to hint otherwise.



Daily price is located far below Ichimoku cloud in the bearish area of the chart. The price is on secondary ranging within 0.6828/0.6967 support/resistance levels waiting for the direction of the strong bearish trend to be resumed or the secondary bear market rally to be started.

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