The Australian dollar does no show any signs of recovery. Although the fact that it is above 0.9181 adds strength to the bullish outlook, but economic data from China does not help the local economy either, and an ounce of gold is still less. Therefore, this area could be violated and continue until the fall of the pair, 0.9037, psychological level. Although we expect a recovery of the pair for the next few days, because the Momentum Indicator is located on the last dynamic support, which in turn suggests that there is a rebound in the Aussie, for the next few days. Therefore, the current price level is around 0.9219. We recommend buying with objectives to 0.9375, we should leave our buying position when we see that the pair drops below 0.9181, below this level the fall of the Aussie may be to the level of 0.9037.
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