Last week, “Aussie” started to pullback in the first trading days before resuming the downtrend that we forecasted in our last analysis. For this week, our technical expertise points towards another pullback, followed by a continuation of the bearish that can test the strong support area located at the $0.7550 level. Trade with care.
Best regards, Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.