The aussie is showing bullish signs on the 15m and 1H chart despite being in a overall bear trend for the last couple of months. This provides us with an opportunity to either: a) wait for reversal confirmation and get in a long swing trade or; b) watch for a reversal in the short term trend and rejoin the bear
While I am keeping an eye on both options I am biased toward B with a profit target of 0.735. Am watching 15m and 1H for good entry signal. As always make sure RR makes entering the trade worth while.