The AUDUSD market is short term negative and suggests a roll down from flagging congestion that will send selloffs to 0.6848. Sustained selloffs under 0.6848 will encourage declines to 0.6781. Any corrective congestion within Friday’s range will keep trade aligned for selloffs. A pop over 0.7135 is needed to boost rebounding moves to 0.7167 and possibly a recovery to 0.7228.
Last Updated Date: 10 May 2022 @ 8:06 AM (UTC)
*Please note that all the dates are in GMT time zone
