With AUDUSD settled at its major support level, bulls are looking for a chance to break 0.722 levels; however, if we are to base what will happen from past data, bears may still overtake and short until 0.699. This is a bit of an indecisive play but with proper risk management, you can make your call. Additionally, looking at the stochastics, bulls are heavily supported but we will see what will happen once NFP is out.
Disclaimer: This is for educational purposes only. I am not a guru nor am I a certified financial analyst.
Disclaimer: This is for educational purposes only. I am not a guru nor am I a certified financial analyst.