The short-term key resistance is at 0.7145.
Turning point: 0.71450
Under 0.7145, bearish , target price is 0.7100, then 0.7050.
Break out 0.7145, bullish , target price is set at 0.7170, then 0.7200.
The temporary correction is over and Aussie drops again. Although the employment data is optimistic, the risk of real estate bubble is much higher.
If Aussie doesn't reach 0.7050, we hold the opinion that Aussie will test it soon.
Turning point: 0.71450
Under 0.7145, bearish , target price is 0.7100, then 0.7050.
Break out 0.7145, bullish , target price is set at 0.7170, then 0.7200.
The temporary correction is over and Aussie drops again. Although the employment data is optimistic, the risk of real estate bubble is much higher.
If Aussie doesn't reach 0.7050, we hold the opinion that Aussie will test it soon.
