The Aussie jumped higher after the release of central bank minutes on Tuesday pointed to a upbeat assessment of the economy.
Moving average gives the bullish indication for shorter time frame
Our most likely scenario:- Long above 0.7138 with target 0.7250 for further retracement
Alternative:- Short Below @0.7138 with target 0.7066 for further extension.
Trend Bias:- Bearish
Candlestick Pattern:- Morning Star gives indication.
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