The Australian dollar has changed from bearish to neutral, and the Australian dollar has entered a consolidation range;
Australian dollar against the US dollar stance turned bearish from neutral, the Australian dollar has entered a trading range.
The Wall Street Journal reports on the progress of Sino-US negotiations on a new impetus to the Australian dollar quickly pulled last night, a wave, and on the break The previous stop loss of 0.7160, which indicates that Tuesday's low of 0.7085 is the bottom of the short-term market;
2 )In other words, the bearish market since the beginning of this month has ended, the current price trend can be regarded as part of the early consolidation period ;
Short-term view, this wave rally may continue, but any Australian dollar the stock market should be seen as part of 0.7100 / 0.7240 consolidation range, rather than a continued upward trend began .
