With RBA Rates due to come out tomorrow afternoon, the pair looks ready for another move down. Strong up movement following the trend has the pair close to touching trend line before making it's way down again in accordance with Stochastic & RSI Indicators. Looking for it to touch the line then move down to previous support of 0.74609, before moving further fown to the 0.74000 even mark.
Trade closed: target reached
⋅
Hit our target for our short. Now time for leg 5 and then onwards