Analysis of the Australian dollar and expected scenarios

Analysis of the Australian dollar and expected scenarios

The Australian dollar pair is still trading between the supply and demand zones as shown on the chart

Currently we have 2 predicted scenarios for the pair's movement ..

The first scenario :in case of penetration of supply zones, the pair is expected to rise Arrive near the following viewing areas .

The second scenario : in case of breaking the demand zones and the uptrend sub-trend The pair is expected to fall close to the previous lows.