AUD TO SUFFER FROM CHINA VS US TRADE WARS

After seeing the information coming from China on Metal export ban and US potentially banning export of Chip technology, China just entered a new AI fuelled war on technology, which I do not think will pass through quickly, and since AUS is the main trading partner of China, AUS currency will get hit over the next couple of days until NFP, where there might be a relief rally followed by a sell off.

Pay attention closely to the supply zone and the rejections/buy zones. Trade accordingly.

Trade closed manually:

trade closed manually at second supply zone, another well traded pair