The daily candlestick closed on a strong support which was around since the 18th of January 2017. I have left an order for a buy and will hold to this pair till around the 0.76000 levels. The RSI is also nearing the oversold mark which is another indication that a buy is in order
P:S Fundamentals is also saying that there is a lucrative deal occurring for Australia in increasing there Iron ore output to countries like india which will strengthen the Australian currency.