07 10 2020

I’ll be carefully watching how the US session opens to see if we have further selling off in equities. If so then AUDUSD will be on the radar as a short, I’m leaning towards a short as there continues to be a great deal of uncertainty given what President Trump has recently announced regarding no further negotiations in fiscal support until after the election. I will wait to see if this changes and whether a plan can be agreed upon if not risk sentiment stays firmly risk off, which will likely result in a weaker AUDUSD.


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By scott.andrews275

Scott Andrews is an Australian based trend and swing trader using the daily, 4 hour and 1 hour time frames. He has previously worked in China as a performance coach for their Winter Olympic Team and runs a YouTube channel as well as remotely trading for a London Prop Firm.

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