I see this push down as only a retracement of the 3 day move up in a row last week. Just like eur/chf ... aud/usd is at the 50 percent retracement area! Can it move lower? Yes it can! Can It Retest the daily time frame support zone? Yes It Can...
I remain Bull for fundamental and technical reasons and i believe it will move up soon!
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My apologies.. we are at the 61.8 retracement level! I expect the reversal here