Australian dollar AUD-USD weekly technical analysis

Australian Dollar: To sell from the current region, as the price is about to resist the price at the level of 0.7380, in addition to the resistance of the upper trend of the ascending channel, which also represents the trend of Demark. The negativity supports the negative momentum of the MACD indicator very significantly. Traders are advised to sell as long as prices are below the resistance, reaching the lower rib as a selling target. Traders are advised to maintain a suitable stop loss for all of their trades.

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