The current rate bargains the third week within the limits of a price range 0.8575-0.8800. During too time for the hour chart it is visible that quotations are in frameworks of a descending triangle (since July of this year). Sliding averages 34 and 55 are directed downwards and specify in the bear spirit of the market. Histogram MACD is in a negative zone and as specifies in the further decrease in the Australian dollar in relation to the American.
In given it is possible to observe repeated testing support level 0.8575 which breakdown can strengthen considerably the bear moods on given currency pair. The possible purposes of bears are located on 0.8520/00 and 0.8440 More distant purpose - 0.8220/00.
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