AUDUSD: The AUD is also having downward adjustmentsAUDUSD: The AUD is also having downward adjustments in the context of the USD index recovering. Therefore, in today's session, it is expected that AUD will still maintain short-term correction momentum to retest around the 0.6600 area. It is recommended to briefly sell AUD and then monitor the price reaction when AUDUSD tests 0.6600.
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AUDUSD - Accumulation phase ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in an acccumulation phase so I expect we could see AMD pattern, price firstly to manipulate buy side liquidity and to fill the imbalance higher, then to distribute lower.
Fundamental news: On Friday we will see results of NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
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