The Australian dollar is above the 200 day moving average periods. It is a very strong uptrend at the moment; probably a closure above 1.04 will increase a bullish move higher 1.06. The nearest resistance is at 1.0435; the daily fractal is probably a correction at this level. If the pair returns to the level of 1.0345 it is recommended to buy with targets, until the weekly resistance levels are 1.0520 and 1.0640.
If you need personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com
If you like my technical analysis, please vote for me, in the portal MT5.com, please login and then vote for me. Thanks.