The Australian dollar could not exceed the level of the 200-day moving average. Today it was trading below this level, more likely that the downward pressure continues to 1.0230 fractal. Therefore, it is recommend to be alert to all maximum, to sell the pair, just below the 200 EMA. The technical indicator is at a resistance level; it is likely that for the next few days there is a bearish sequence.
If you need personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com
