The pair is expected to grow.
The Australian Dollar continues to drop due to a bearish correction. The final wave c of 2 is nearing completion locally, with an impetus developing within. The price has reached a level of 62% (0.7740). If the price does not break the critical level of 0.7530, a reversal may form soon and the pair will start rising.
Buy above a level of 0.7761 with targets at 0.7930–0.8160.
Breakout and consolidation below the level of 0.7530 will allow the pair to continue declining to the levels 0.7450–0.74.