Buy on a level breakthrough of 0.7700 with 0.7750 target. Stop loss = 0.7650.
Reason for the trading strategy
In February, new home sales in Australia fell by 5.3% (m/m), the growth rate for January was revised from 3.1% (m/m) to 0.6% (m/m). The statistics did not put any significant pressure on the Aussie. In the short term, it may test the level of $0.77.