AUDUSD still hovers in no man's land, it seems. Breaking 0.7200 would open the floodgates, but break of 0.7250 on the upside would tilt the outlook to the bullish side.
Since the general trend is down, and no up impulse developed, on whatever degree of trend, I would favor the short side.
Since the general trend is down, and no up impulse developed, on whatever degree of trend, I would favor the short side.
Note
Well, did take too much time. Powell ended the stalemate right then and there. This shoould hurt USD in medium term, play against it.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.