The Australian news pair rose during today's trading on Monday for the day with the beginning of the week's trading, in light of the scarcity of economic data today and this week in general.

The pair is trying to form The explained harmonic models, the bat model and also the shark model, especially after the flag model broke through upwards, where the harmonic models target approximately the levels of 1.1075.

Then followed by some bearish corrections and the completion of the ascent in the event of a breakout of the levels of 1.1090 upwards by closing with a candle for at least 4 hours.

We expect a strong rise towards the levels of 1.1150 and then at least 1.1330.

This scenario fails to break the 1.1000 levels