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Market Overview
The AUD/LKR pair closed at 207.39874, showing a marginal increase of 0.01% from the previous close, yet maintaining a downtrend with a 30-day return of -1.41%. The price remains below the 20-day SMA of 207.54, with the 50-day and 200-day SMAs not explicitly provided but implied to support the bearish bias. The RSI indicates weakening momentum, consistent with the prevailing downtrend. Key support is near 207.24, while resistance is around 207.96. No significant upcoming events are noted to influence price action imminently. Technical indicators suggest continued cautious selling pressure. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.