Australian Dollar's retreat from Friday0's high at 0.9325 found support at 0.9210 low on early Asian session, and the pair has picked up to halt 0.9275 on European session, and ease towards 0.9250 area at the time of writing.
On a wider perspective, the FastBrokers Research Team observes the pair capped by intra-day resistance s around 0.9300 area: "Aussie faces technical barriers in the form of intraday, 4/30, 4/26, 4/21, 4/15 and 4/12 highs. Additionally, the psychological .93 and .94 levels could continue to serve technical obstacles over the near-term."
On the downside, the FastBrokers Research Team sees the pair supported by uptrend lines: "As for the downside, the Aussie has multiple uptrend lines serving as technical cushions along with intraday and 4/28 lows.
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