AUDUSD time is running up

AUDUSD still hovers in no man's land, it seems. Breaking 0.7200 would open the floodgates, but break of 0.7250 on the upside would tilt the outlook to the bullish side.

Since the general trend is down, and no up impulse developed, on whatever degree of trend, I would favor the short side.

Comment:

Well, did take too much time. Powell ended the stalemate right then and there. This shoould hurt USD in medium term, play against it.