Even though the Australian dollar succeeded in extending above the important 0.9483 resistance level, it closed the week under this area. Surprisingly, this week gaped above it for a considerable amount of pips. Long-term perspective The preceding phase of this latter rise belongs to a descending move that started in December 2018 and unfolded by consolidating three flats: the upper one which is edged by 0.9698 with 0.9583, the middle one limited … “The Australian Dollar Trying Itâs Best Against the Canadian Dollar”
