The outlook for Australia's economy continues to deteriorate. Recent data on Australia's property market, credit and business information show that Australia's economy will further slow down. From the technical analysis point of view, the Australian dollar is testing the pressure level of 0.71279. It is recommended to short at 0.71279, target at 0.70400 and stop at above 0.71600.
Trade closed: target reached:
AUD empty orders have reached the first target of 0.70680
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