AUDUSD - COULD BE A GOOD SELL Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Apr 27, 2023 1:14 PM

Hey traders

Seems like audusd has now broken the bullish channel, the US news outcome GDP did come out lower then expected all other news including initial jobless claims came out positive, this should lead to further bearish power over the aussie.

Hedgefunds are also selling off AUD.