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Is RBA preparing to trend higher? Crossed Above 20 Day Moving Average shows up after advancing 1.68%
RBA finished higher by 1.68% on Thursday, July 16th, trading 0.9 times its typical volume. Crossed Above 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 111.57, 109.96 & 108.44, with resistance at 114.7, 116.22 & 117.83.
Current SwingTradeBot Technical Rating of RBA: A
Today’s move could mean more—check all the signals for RBA on SwingTradeBot.
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