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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