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Australian government plan ahead of schedule infrastructure investment plan, 2020 Australian dollar or out of undervalued region

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On Nov. 25 (Monday), the former global economic situation beat the Australian dollar, the Australian dollar closed for three weeks, and the dollar strengthened to limit the Australian dollar's anti-missile range, closing at 0.6785 on Friday. On Monday, the city of Asia went high in the morning of Australia and the United States, with a height of 0.19%. The temporary report was at 0.6798.

 

1. Australia government plan ahead of time infrastructure investment plan, multiple combination boxing to stimulate economic development

2. The weak situation in Australia and the United States is full, and the resistance level of 68.2 cents is noted as a result of the short note on the weak situation in Australia and the United States.

3, Australia refers to two connection tests to test the resistance level, and to note that whenever the sky is high, it will be used to test the resistance level.

 

1. Australia government plan ahead of time infrastructure investment plan, multiple combination boxing to stimulate economic development

In a conversation at the Business Council last Wednesday night, Australia's chief executive, Morrison, wanted to cheer up the flagging economy by accelerating infrastructure investment, and he will describe how government will respond to "uncertain" economic times. The governor of the central bank has been calling for interest rate cuts, and the economy cannot just cut interest rates. In addition, the secret book of the Ministry of National databases last month expressed the view that the economy is developing slowly and that government has the opportunity to start infrastructure ahead of schedule.

Australia's plan includes an advance of A $3.8 billion in infrastructure spending, of which 1.8 billion will be spent over the next two years. Government will support the economy in two ways, by accelerating construction activity and supporting recent job growth, as well as by early access to long-term productivity benefits. These measures after the government election: tax cuts, early infrastructure investment and additional droughts will inject 9.5 billion of the economy over the next two years.

 

2. The weak situation in Australia and the United States is full, and the resistance level of 68.2 cents is noted as a result of the short note on the weak situation in Australia and the United States.

On the foreign exchange market, the prospects for global economic growth remain one of the biggest factors affecting the Australian dollar. Investment has been affected by international trade relations, and has created pressure on sensitive goods such as the Australian dollar. With the reduction of factors, as well as the steady recovery of global economic growth, the Australian dollar will gradually move out of the previously undervalued price region. The technical aspect shows that the short-term intra-Australian dollar has been connected to the United States dollar for six trading days in November 14, but the pressure is in the short term, all the way down, and the weak situation is obvious. Unless the stock index breaks through 0.6820, there will be no change in the train of thought of keeping high and short in the operation of the day, the upper resistance level is 0.6820, the lower branch is 0.6750, and the lower branch is 0.67000.6700. the short-term internal Australian dollar is connected to the United States dollar for six trading days, but the upper resistance level is 0.6820, the lower branch is 0.6750, and the lower branch is 0.6700.

 

3, Australia refers to two connection tests to test the resistance level, and to note that whenever the sky is high, it will be used to test the resistance level.

On the stock market, Australian stocks closed higher on Friday after overcoming the drag of the financial board. For the first time since Tuesday, the index of the 200 index ended up 0.55 percent, closing at 6709 points. The weekly line is down 1.23 percent, but so far this month it is still up 46 points. On the sidelines of the stock market, the three major U.S. stock indexes closed slightly higher on Friday, while the Dow closed down. Europe City is connected on the whole line, but the situation is weak, the overall situation of the city is flat. As a result, the Australian standard 200 index went high on the morning of the week, with a temporary report of 0.71%, or 6747 points, at one point in the middle of the day.

As a result, Australia's 200-point-of-the-art,200-year-old, on Thursday, stepped on to the top of the 66515-year-old branch of the Republic of China to stop and recover, and to take a picture of it. The two-day trading day, the two-year-old, was the first-stage triangular arrangement of the successful station, and it was a bit of a good time. But in the small and small-scale view, the Australian phalanx was again pulled up in the upper and lower up channel, and in today's hand again, the 6750 multi-air diversion, which I suggested earlier, was in the vicinity of the force-blocking position, and if the position can break through, the Australian-phalanx will return to the multi-level pattern. Up to the year's new high of 6850; if more than 6750 multi-space water diversion is effective, the Australian finger is descending, and the other is stepping back to the area of 6615. On the other hand, the short-term operation is in the direction of the index of the index of the stock index.

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