Above is a AUDUSD SHORT POSITION I’m currently in. First target is 0.65500, if price falls further we could see price at 0.64000.
Risk-sensitive currencies rose against the weakening safe haven U.S Dollar amid hopes of a potential easing in China’s restrictive policy following protests in the country.
Will these hopes be realised any time soon? Possibly not.
Keep in mind we have FED chairman Jerome Powell set to speak tomorrow (Wednesday).. and NFP Friday. So do trade safe.
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