In recent days the pair has reached yet another maximum, despite the interest rate decrease by the Bank of Australia. It can be assumed that a correction will take place prior to the Reserve bank of Australia's head speech, which we can indirectly confirm looking at the three peakes on the 4H chart. Open a sell order from levels 0,76600 – 0,76300.
Stop/Loss: 0,77110.
Take/Profit: 0,75820 – 0,75050.
