Short-term bullish retracement for the Aussie Dollar

Although this pair has been heavily bearish as of late, I'm expecting a pullback to around 0.66 area. Too early to determine where price will go once that point is reached, wait and observe.

Kommentera:

I'm still bullish on this pair, price has consolidated for the past 3 weeks at our current level. This could be a sign that support has been reached, and the bullish trend may start from here. 0.66 area is still my target.