Price finally rallied up! The weekly candle closed above .7750 and above the blue EMA. A high probability for price to continue towards the weekly resistance at .7925. This price coincides somewhat with the previous touch on the descending daily TL.
Daily-price came above .7750 and used it as suport, however it did not have a strong closure. it went to touch . 7785 and was slammed back down even below the TL. EMAs are now crossed to the upside.
4hr- price was making discrete HL and HH and finally rallied up after the 3rd touch on the small TL. Price still needs to find a floor to make its HL and a good pullback could be around the .7725 area.
For me Aussie is bullish unless it breaks below the green region.
Daily-price came above .7750 and used it as suport, however it did not have a strong closure. it went to touch . 7785 and was slammed back down even below the TL. EMAs are now crossed to the upside.
4hr- price was making discrete HL and HH and finally rallied up after the 3rd touch on the small TL. Price still needs to find a floor to make its HL and a good pullback could be around the .7725 area.
For me Aussie is bullish unless it breaks below the green region.