The price on the daily frame of the Australian dollar is approaching the daily downtrend as seen on the chart attached above.
We note the positive rise in prices
Expecting that in the event of a breach of the uptrend, we are witnessing a wave of upward movement, but the condition of a breach and close of the daily high near daily resistance levels
Closing above the pair is moving up to 0.7050 levels
As the first target and 0.7110 level