AUDUSD is set to put pressure on the sellers for a short squeeze


Currency Pair : AUDUSD

Current Price : 0.7608

Status : On watch for short squeeze

The AUDUSD is setting up nicely for a short squeeze as the sellers are stacked up. This may take some time to play out so we are now watching the lower timeframe charts for entries. Price may need to wash out s few buyers before starting a new leg up through 0.7835.