Hi María here. I am sharing the AUDUSD daily outlook hope it will help you.

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AUDUSD

The Australian dollar – United States dollar is highly influenced by the fluctuations in the financial markets and so, yesterday's steep price increases did indeed cause the Australian dollar – United States dollar pair to shoot up by over 400 points in a single day of trading.  the pair which created a pattern of Japanese investment,"BULLISH KEY REVERSAL" The pattern reflects the strength of buyers around the weekly pivot line serves as a strong support level.

It is estimated that Aussie will resume its upward movement towards the 1,0870 resistance level in regard to prognosis in the short to medium term.

have a nice great!

María

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