Overbought

I'm going to short it. Its all on the chart

In my opinion we are going to take out the weekly lows.. AUD is too long climbing upwards with no retracement!

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Rejection

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MARKET TALK - The dollar could rise sharply if the Federal Reserve raises interest rates at Wednesday's meeting despite the latest U.S. inflation data easing, Ebury says. Data on Tuesday showed U.S. inflation fell to annual rate of 4.0% in May from 4.9% in April, which is reducing market expectations for a rate rise on Wednesday and weighing on the dollar, Ebury strategist Matthew Ryan says in a note. "A rate increase in June would be a major shock to markets," he says. "If it did happen, the dollar would likely rip higher, regaining strength after a period of losses." The DXY dollar index falls 0.4% to 103.287, having reached a three-week low of 103.047 shortly after the inflation data.

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Bulls are getting exhausted

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And here we go

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Added few more positions.. ;)

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Does this make sence?

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Running like a charm

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TP 2 reached