Comment:
A lot of people are shorting this Aussie at the moment and currently you can see price rising above the descending trend line, this is mainly to take out stops and we could see price rally up to 0.7400 before the bearish run continues.
@serdar77, hi, yes expecting more downside but will be watching DXY tomorrow as a break of this trend line and more upside could be a possibility if the dollar weakens.
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Trade safe.