Aussie pairs will be in main spot light for this week due to their monetary policies. I see the recent rise of last Friday was the move to whip stops who queued slight above 0.788 level. As the whole market, it had big rollover done near 0.7980 level. So, I will not turning bullish easily unless 0.7980 is broken out up. (Don't be a flip flop, have some blls)
In coming week, it is likely to go lower and lower. It can reach to 0.7778, big supports at 0.7669, 0.7543 and eventually 0.7190 level.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.