The one concern that we need to be aware of is the 8:30 NY time RBA Minutes. Will they give a drop a hint about rate cuts or not? That's the big question, and we all know (or know now) that because the Asia markets are very thin, news on the Aussie tends to react in a major way.
I'll be sure to stay very close o my computer before the announcement to avoid or rather minamize potential slippage one way or another
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If you look closely at either EW analysis or time spent at price and price action in detail, you will see that the downtrend is at exhaustion, probably a large short taking profits inspired bull run.
There's not much point fighting AUD weakness here in my opinion.