Despite returning to 1.0399 last week as Australian dollar ran into renewed interest and sales dropped today, indicating a growth of low last week at 1.0178 and ended bearishness there remains a test of this support, there will continue to break the fall from 1.0765 (b leg above) for further weakness towards 1.0110/15 support smaller. Looking forward, it is necessary to see the breach of this level to confirm this thought and extend down toward 1.0000 psychological support likely to be held here.
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