FX.co ★ torp.paris | AUD/USD

It is worth noting that nothing has changed for the AUDUSD pair in terms of the continued upward movement. Today, the pair also updated its highs. They rose almost all day, specifically during the Asian and European sessions. The growth stopped only when the Americans entered the market. Of course, it should be noted that I do not see any clear immediate targets on either side. Nevertheless, I believe that a more significant pullback has long been overdue. The dollar, which has performed poorly, is still a key factor. It is important to see how the dollar will be traded next. Overall, I still see a bearish trend. Therefore, if we climb above 0.7250 again, I will sell there, but only with a stop loss.