The market was oversold due to never getting a breather from the heavy selling since the beginning of the year. For some reason bigger institutional traders never took profits at bigger zones like 0.6750 - 0.67.
Oil also took a breather but the prices of the commodities are still under pressure and while they are low, Australia and New-Zealand will feel it.
that's how I see it at least. Just like the 19th we will remain here till Sunday. On this hourly shart I'm also seeing a head and shoulders with the neckline just broken through. Beginning of next week 0.6430 and at the end of the week a retest of 0.6350?