Aussie Push Up

Aussie dollar rejected a strong support level.
Can the bulls push it higher?

Aussie dollar has a strong downward tendency from a multi-timeframe analysis.
Rejected a strong support at 61.8 fib indicating possible ABCD

Let's watch for formations.

הערה:

It might be a good risk/reward ratio entering long at this level. Risky though.

A possible H&S is forming in the 4H chart let see how it evolves.