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March, 31 - AUD/USD: Stabilizing at 0.6200

The AUD/USD pair is neutral-to-bullish in the short-term,

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as long as it holds above the 0.6100/10 price zone.

The AUD/USD pair is offering a neutral-to-bullish stance in its 4-hour chart, as it has spent the day struggling around a bearish 100 SMA, but also above a bullish 20 SMA.

Technical indicators remain within positive levels, the Momentum easing and the RSI flat at around 62, limiting chances of a steeper decline. Support levels: 0.6110 0.6070 Resistance levels: 0.6200 0.6240

 

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