Expect to rise.
Turning point: 0.7125.
Above 0.7125, bullish, target price is 0.7145, then 0.7160.
Under 0.7125, bearish, target price is set at 0.710, then 0.708.
RSI technical indicators show a further upward trend.
However, it's likely that it's the temporary correction. The down-trend in long term doesn't change.
Turning point: 0.7125.
Above 0.7125, bullish, target price is 0.7145, then 0.7160.
Under 0.7125, bearish, target price is set at 0.710, then 0.708.
RSI technical indicators show a further upward trend.
However, it's likely that it's the temporary correction. The down-trend in long term doesn't change.
Comment:
The temporary correction is over and Aussie drops again. Although the employment data is optimistic, the risk of real estate bubble is even higher.