While there are no clear patterns found on the 4 hour or to signal a long term buy/sell entry, there's still potential for the Aussie to retest the monthly .
Why? Each time the has been reached, prices pulled back at least 50% of the range area.
Range Area: (Highlighted by the blue box)
High = 0.74850
Low = 0.73700
50% Target = 0.74275
CONCLUSION: SHORT TERM PULL BACK - RANGING MARKET TO RESUME
The overall trend is still (Long Term), however since there's no evidence of a bull/bear pattern found on the daily or 4 hour chart,
expect prices to continue ranging in the interim until a clear pattern presents itself.