Create an account or log in to Instagram - A simple, fun & creative way to capture, edit & share photos, videos & messages with friends & family million+ members | Manage your professional identity. Build and engage with your professional network. Access knowledge, insights and opportunities 7/19/ · AUD/USD Forex Technical and his charitable foundation, the Chan Zuckerberg jugular for the export market in the Midwest for both corn and beans,” said Colin Estimated Reading Time: 2 mins
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The Australian Dollar rose on Friday as investors tried to resume the uptrend that has been interrupted by two days of lower-to-sideways trading. The inside move suggests investor indecision and impending volatility. Most of the forex colin chan on Friday was driven by a weaker U.
The dollar continued to lose its appeal as a safe-haven asset in the wake of optimism over improving U. economic data and positive coronavirus vaccine test results. Increased demand for risky assets and lower U. Treasury yields were also supportive for the Aussie, forex colin chan.
The main trend is up according to the daily swing chart, forex colin chan. A trade through. If this creates enough upside momentum then look for the rally to possibly extend into the June 10 main top at.
The main trend will change to down on a trade through the last main bottom at. If this move continues to generate enough downside momentum then look for possible tests of the next two main bottoms forex colin chan. The minor trend is also up after a couple of weeks of choppy trading.
The new minor top is. Taking it out will signal a resumption of the uptrend. This will also shift momentum to the downside. The minor range is.
The short-term range is. The first sign of weakness will be a sustained move under. The next key level is. If it fails then we could see an acceleration into. This uptrend is all about sustaining the momentum.
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