The Australian dollar has rallied a bit during the week, but it is obvious that the downtrend line will come into the picture next. If you look at the chart, you can see that this downtrend line has been very reliable over the last several months, and at this point it still looks as if we are going to continue that pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.