Hey Traders, in today's trading session we are monitoring AUDUSD For a selling opportunity around 0.65900 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65900 support and resistance area.
We would also consider the current bearish momentum on Gold and indices since AUDUSD have a positive correlation with Metals and stocks that should put forwards pressure on AUDUSD to downsides.
Trade safe, Joe.
We would also consider the current bearish momentum on Gold and indices since AUDUSD have a positive correlation with Metals and stocks that should put forwards pressure on AUDUSD to downsides.
Trade safe, Joe.
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