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The AUD/USD pair maintained its bid tone through the first half of the European session and was last seen trading around the 0.7415 region, just below the three-week highs printed earlier this Wednesday.
The Australian dollar jumped after the RBA had kept its tapering course despite dovish forward guidance. The Aussie is making an attempt to reverse the gears.
The RSI divergence was an indication that the bearish momentum had died down. The break above 0.7360 may have prompted sellers to cover, allowing buyers to build a support base.
0.7360 is fresh post-RBA support. Then 0.7320 is a major level if a pullback goes deeper. On the upside, a close above the support-turned-resistance at 0.7410 may extend the rebound to 0.7480.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।