We are currently seeing a downtrend on AUD/USD and unless we see a break above 0.66004 we cannot be certain of an uptrend.
We may see the market continue to point X:0.5600 and Y:0.60050 for a bearish exhaustion before an upward reversal.
We may see the market continue to point X:0.5600 and Y:0.60050 for a bearish exhaustion before an upward reversal.