Preferred direction: BUY
Comment: We continue to hold a confident long position on the Australian currency. Here we patiently wait for the price to approach the level of 0.66000, near which our target is located. Moreover, looking at the bigger picture, it is safe to assume that buyers will maximize their push to the top. To rise above 0.66000, some pause in the balance format (as it is supposed) will most likely be necessary.

Regarding the shorter-term target at the level of 0.66000, there is a high probability that this level will be blocked even today.


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