Price is still in a downtrend and there is nothing yet to convince us of a bullish sentiment . The chart above is showing us a break of a mini bullish structure on the 4 hourly timeframe . Market broke the structure point and made a new low . Now price on Friday pulled back into the 61.8 fib to find a lower high so that a continuation into new lows can kick in . I strongly believe that we will see much lows on AUD especially after the successful break of 0.6400 key support
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