With market expectation of RBA rate cut, I'm waiting till price retrace back to the 100% Fib confluence with 50EMA and weekly resistance. I will look for signal to go short, with the weak outlook of GBP brexit aftermath.
Market is pricing 66% RBA rate cut.
Price started to go down near the top trend line.
Targeting 0.986 around daily pivot point for now
If there is no change in fundamental, USD will keep its strength. Right now looks like buyers are taking profit ahead of FOMC, giving good possibility to buy afterwards.