Yesterday: Open 1.0575 High 1.0633 Low 1.0504 Close 1.0625

Yesterday Aussie currency movements rise and fall in the range of its diagonal trend lines. Got past the support level at 1.0527 a few pips down to the daily lowest level in .... Then rebounded toward the highest level of daily ... Overall daily high low range of the Aussie in the range of 125 pips.

Currently, the Aussie looks bullish but still would need to be wary of bullish correction after experiencing a high enough on the American session yesterday. When you can break through the line at 1.0644, the opportunity for bullish again wide open.

The focus of economic data today for the Aussie currency is:

1. AUD Westpac Consumer Sentiment at 07:30 pm
2. AUD Wage Price Index q / q in at 8:30 pm

If the price increases that continued the open opportunities to the 1.0716 resistance level.

We recommend that if a decline continues then the price can reach the support level of 1.0552.

Prices shown on the graph H1 and M10 MA05 line in conditions of strong bullish.

While the Stochastic indicator indicating the bearish conditions.