Australian pound weekly technical analysis

The Australian pound is now trading near good selling areas, and we referred to them last week to be the best selling areas, extending 1.91380 to 1.91777, with targets extended to 1.89739. After achieving the last target, it is expected that the bottom of the week will form the beginning of a corrective ascending wave to target the 1.90550 level, but in the case of closing Positive and a break out by closing a four-hour candle, above the level of 1.91777, so we expect the beginning of a bullish wave to form to be the best buying liquidity areas extending from 1.91380 to 1.91777 to target the selling liquidity levels extending to 1.93418, including it is expected to form the top of the week and form a corrective descending wave to target the level of 1.92600

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