The interest rate cut from the RBA, known in recent days, the slowdown in the Australian economy and also coinsidente with a significant drop in an ounce of gold. All these data show a gloomy future for the Dollar autraliano.
Technically figure shows a daily chart appears aimed 1.00 area, and even more at 0.9985.
According to the daily fractal table, we see an important fractal 1.0240 a close below this level would increase the likelihood of a fall to parity against the dollar. Therefore, we recommend selling just below the 1.0200 level, with targets to 0.9985 U.S. dollars per Australian dollar.
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