The Australian dollar is preparing to rise in the medium term

Analysis of the Australian Dollar pair and entry scenarios.

 

The Australian Dollar pair rebounded from the daily demand areas

and currently the pair is moving in a sideways movement

that tends to be a consolidation movement. 

The pair is expected to rise in the event of a breach of the supply areas and a close above them

for the targets specified on the chart.

However, in the event of a return and a decline again to the demand areas below

it is expected to return and rise again by targeting the current supply areas.