Ozzie is keeping its head up. We have recoiled from the Day and the week Trendline – but only a short bounce – which may mean she is ready to move higher. Looking for the reaction at the day trendline and if it goes North looking for it to breech then return and go to the 0.9265 area. If it respects it again we may be in for the anticipated fall of 700 pips.

 

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