After doing a detailed top-down analysis, I've come to conclusion that the aussie is gonna get bullish. The price just recently traded off a very significant POI on the 12M TF, and we can see that it is heading back up to locate liquidity.
However, on the daily and weekly, i expect a run down because the price is currently in premium and if I'm going to buy, i need to at least wait till it gets to the equilibrium point or discount level.
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