The price is trying to break 0.8772. It's the second time it fails to do it, so we have a double top. The trend is completely upwards and we see how the price is holding on the upwards channel to try to break the aforementioned level again. The RSI is still very overbought, but despite it, the price is still correcting. This means the it has a lot of strength and that 0.8772 will be broken. If it isn't, then the price will have to break 0.8731 and then 0.871 dollars per Australian dollar before thinking short.We'll be paying attention to the news at 20:15 CET. A small comment about the quantitative easing ending could make the dollar climb against the aussie.
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