National Australia Bank: We should not expect extraordinary results from the Australian Dollar

In recent days, the Australian dollar moved up strongly, and today finally bulls managed to break the field of defense in the seventy-fifth digit. The mood remains positive and now after a pause investors are interested in buying at dips.
Analysts at National Australia Bank remind that the long-term trend remains downward. However, in recent weeks it is seen a number of positive changes, suggesting the possibility of more severe corrective phase. Thus for the stabilization of the price a good sign was the passage above 0.7150/00, and the formation of three ascending candles on the weekly chart is a bullish signal.