It's a easy sell for pullback to 1.94000 or 10 ema which ever comes first , next tuesday we have rba rate decision and the forecast is already dovish and cut to .50%, given recent economic data its highly unlikely they would cut and even if they do so , it would be a hawkish cut. If not for bigger turnaround but this small pullback is highly probably from .95400
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The above is monthly chart, the channel speaks for itself
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Well it blown through my stop loss, i still kept some position open as it looks like a over extended move , the monthly channel should tell us next week
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Keeping some position helped, market makers manipulation to its level best done last friday
