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The Australian dollar took advantage of the lull in the market and slightly grew on Monday and this morning. A double divergence on the Marlin oscillator exerts pressure on the price on the daily chart, so the 0.6677 level (the goal of a growing trend) is unlikely to be achieved. The price should work out and gain a foothold at the 0.6478 level, then the prospect of a medium-term decline will open up for the aussie.
The price intensified growth after a reversal from supporting the MACD line on the four-hour chart, which was also helped by today's data on the New Zealand trade balance, which showed growth from $722 million to $1267 million in April while expectation was at $1250 million. Marlin in the growth zone. The price will take at least a day to return to starting positions before the assault on the MACD line support (0.6540).
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