The AUD/USD pair fell and rose during the session on Thursday as the headlines continue to push this pair around. The 1.01 to parity levels are one big support zone in our opinion, and we think they could possibly give the bears a hard time. The resulting candle was a doji, which is easy to understand. The breaking of the highs of the candle will be a bullish sign, and a breaking of the bottom would be bearish, although we would have to see a close below the parity level to seriously consider selling at this point.
Written by FX Empire