DAILY ANALYSIS REPORT APRIL-09-2021
|Moving Average (Period=75)||Below MA|
|RIS (Period=26)||Below RIS LEVEL 50|
|– Take Profit||0.7690|
|– Stop Loss||0.7620|
|– Take Profit||0.7590|
|– Stop Loss||0.7660|
|Commentary : The Aussie moves in rigid boundaries against U.S. dollar and consolidates|
around $0.7627 mark. The pair made intraday high at $0.7661 and low at $0.7631 mark.
Today triple EMA with a day chart is bearish while H1 chart confirms slightly up trend for
the time being. A sustained close above $0.7660 on H1 chart requires for the upside
rally. Alternatively, a consistent close below $0.7620 will check further supports.
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