copelandlakisha

Bearish Trend before headed back to the upside

FX:AUDUSD   Australian Dollar / U.S. Dollar
I am seeing a possible reversal on US pairs this week. AU struggled to keep its uptrend and on this pass Friday we saw a reversal on most pairs containing the DXY. Like EU I am expecting AU to go down before it continues its uptrend this week due to NFP and the possible stimulus package. But beware because I believe this downtrend will be short live because we are in a recession and a pandemic.
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