the Aussie seems to be falling from the uptrend channel due to its sensitivity to the dollar as the dollar is getting some momentum but it might resume its uptrend within this month if the market priced in the dollar fiscal stimulus but if it doesn't it most probably begin to create a downtrend it's better to wait for trend confirmation before taking any actions
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.