Technical Analysis: Australian Dollar moves below 0.6550
The Australian Dollar trades around 0.6530 on Tuesday. The pair remains within the symmetrical triangle, with the 14-day Relative Strength Index (RSI) positioned above the 50-level, affirming a bullish stance.
In terms of potential upward targets, the AUD/USD pair may test the triangle’s upper boundary around the level of 0.6585, followed by the psychological barrier at 0.6600 and subsequently aim for March’s high of 0.6667.
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