Ideas For Currency Trading This Week
AUDUSD swings towards the next support at 1.0400
The Aussie dollar is likely to be benefited in the near term as there is a speculation for the Euro Zone policy leaders to act; besides that, China Prime Minister Wen’s recent comment has given the traders a hint that the government might ease further to ensure a satisfied growth rate towards the end of the year.
In the AUDUSD Daily Chart, the next support will be at 1.0400, and resistance at 1.0530.
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