Good day traders!
Aussie dollar closed with a bullish hammer candle and has since reached levels near 1.03.
Is this bullish momentum going to last?
We are looking at the pair attempting to breach the 1.03 level and testing 1.0356 when that happens.
On the 4h time frame we still see the pair in a downtrend channel but if this bullish momentum grows some legs during the US session, we could see the 1.0356 level being reached.
To more profitable trading!