Monday, July 22, 2019
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Technical Analysis – AUD/USD moves back towards 0.6900

AUD/USD moves back towards 0.6900; positive rally faded. AUD/USD continues to fall below the Ichimoku cloud, remaining in a downtrend over the last six months, stretching its movement towards the 0.6900 psychological level. According to the RSI, negative momentum could push for further losses in the short-term as the indicator loses steam below its neutral

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