TheNews

The Australian Dollar has been trading as a barometer of the markets’ recession fears. It may fall in the week ahead as worries about global growth continue to fester.
Daily price is below 200 SMA by trying to break symmentic triangle pattern with support level at 0.68 to below for the primary bearish trend to be continuing. Alternatively, the price may be bounced from support level to above for the secondary ranging to be started.

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