Australian dollar continue to find good buying

Australian dollar continue to find good buying interest at 0.7910 and just jumped sharply in New York morning, the move signals a fall from 0.8238 .7850 finished and quite likely to see a move to Aussie Ichimoku cloud area, but break on top of Ichimoku cloud top is necessary to maintain the near future bullishness and suggest possible triangle formation is underway from 0.8265 top and the currency pair should be expanded further lead to 0.8130/40

Therefore, we are turning the long pull, but must not be too bullish unless we see a clear break of Ichimoku cloud top.

On the downside, below 0.7880 will dampen this bearish them slightly, but only if the support of 0.7828 is broken, it will confirm the double top formation of 0.8265 to 0.8238, then major adjustments to the last growth will take place at 0.7750/60, otherwise, from 0.7828 to 0.8265 in gyration number will continue.