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AUDUSD Forex Pair Analysis
Time Frame : 30 Min Chart
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Watch for Buy Entry Setup
AUDUSD flushed out some buyers overnight as the share markets sold off but now the share Indexes are fighting back so we expect some strength back into the AUDUSD for a push up above the 0.7000 area. Price flushed out some buyers on a spike lower and recently made a higher low around 0.6932 so we expect that sellers are about to get squeezed out of the action. Watching now for higher lows to hold above the 0.6935 area for the buy entry setup.
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Currency Pair : AUDUSD
Current Price : 0.6961
Status : On watch for a break up through 0.6978
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