AUDUSD Analysis Going Into US Sessions
Audusd consoldated in over night trading sessions, Prices formed a contracting triangle and broke the lower trendline only to retest the lower trendline and turn lower once again. All being said the technicals point to lower prices throughout today's trading, There is not any important data coming out today so I expect a less volatile tradinig day with downside pressure accumulating in the Aud$.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.