Yes, I do see a short term correction here before long trend resumption. I don't see any bullish momentum (fundamental or technical) in USD in the near term - so I have a bullish bias in AUDUSD. But there is money to be made on the short side next week :-) Good luck
UnknownUnicorn180388
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@jorv2074, It's certainly a possibility in both directions, we will see how the market opens and if the rules are met we will look to take advantage.
Have a good week.
Certainly news events that are large play a big part into the market, however when testing my strategy i found neglecting news gave me a higher long term strike rate.
bltan6
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I would think that it will rise up to 0.80933 before short.
UnknownUnicorn180388
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@bltan6, it is possible, I will await a clear break prior to any pending order placement.