Pairs on Watch -
AUDJPY & 
AUDUSD : Both of these pairs are looking very similar in terms of the price action, higher timeframe and positioning. I will be monitoring them both side by side to see which pair gives the better entry. We can see separating the structures that we are now dealing with a smaller 1H continuation after price dropped out from the previous volume, they both have a great range to play to the downside and if the DXY steps in with the longs later today with CPI, it could give us a solid sell opportunity.
AUDJPY & AUDUSD : Both of these pairs are looking very similar in terms of the price action, higher timeframe and positioning. I will be monitoring them both side by side to see which pair gives the better entry. We can see separating the structures that we are now dealing with a smaller 1H continuation after price dropped out from the previous volume, they both have a great range to play to the downside and if the DXY steps in with the longs later today with CPI, it could give us a solid sell opportunity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.