FX:AUDUSD Australian Dollar/U.S. Dollar
AUDUSD is trading in a flag as we head into BOJ and rate decisions. Pair is struggling with a resistance zone stretching from .7565 to 7585. Bears will be looking to take out the .7540 - 7430 support zone, with rising flag support below there above 7510. We are looking for a break below flag support on dovish BOJ/Hawkish . Closing power above .7580 would invalidate. Beware major event risk spike volatility.