Pisces Radar: Pressure on Aussie

Seeking a pullback to resistance level, then a breakthrough support for a short opportunity. Fundamentally, RBA indicated that they’ve reached their limit for rate increases and they’re where they want to be monetary policy wise. Flip side, FED has hinted at more increases in the future, however many spectators are counting on one more to come.. This supports a stronger dollar vs. a weaker Aussie in the meantime… This week should tell the story.