Last week, we expected the Australian Dollar to start a deeper pullback, but nothing notably happened, as the pair ended the week almost where it started it. In the coming days, we expect the pair to start a bullish corrective move and head towards the orange trendline. If we get a breakout, then the resistance level will likely be targeted. Trade with care.
Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.