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ForexHarbingers
May 23, 2020 1:57 PM

AU short positioning Short

Australian Dollar / U.S. DollarFOREX.com

Description

With Powell not approving another stimulus at this point, we saw 2 major selloffs at the .66 range with final selloff breaking the current uptrend angle based on hourly and 4hr chart. With low volume, I see price coming up to .655-.657 which is a major area to test since being broken. Major attention to Powell this coming week to be able to confirm more down or not. Good luck and trade diligently
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