Joseph_Rofael

Target reached, another chance available

FX:AUDUSD   Australian Dollar / U.S. Dollar
After reaching the previous target that we mentioned before in the previous analysis. We now can say that we are watching a small correction in the short term, and after that the prices could move lower reaching the range of 0.6. It seams like it is to long but could be achieved. On the other hand, if the price moved above 0.66, we could retune back to the sideway movement. This week we are waiting all the fundamentals that could affect the direction of the market specially the Interest rate decision in Australia.
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