is tricky to say the least. The move from the highs is fairly slow and in a very small channel which may give an impression of a weak move. However, next week things may change as a lot of Australian data is scheduled to be released. On Friday with the help of NFP the pair managed to pull off a nice false breakout and because of that I am looking for higher values but I keep my bearish
bias in bigger picture. The area of interest is between the two green lines which I hope price will reach as it would give me enough data to plan my next move.