$AUDUSD price has room to fall to the 0.6800 area today. forexsignal AUDUSD
However, this currency pair fell sharply in favour of the Dollar just like every other pair did Friday
after Powell’s hawkish speech at Jackson Hole strongly boosted the greenback, which has continued to advance since this week’s open. Interestingly, the Aussie has falled during Monday’s Asian session just as strongly as most other currencies, which suggests that any residual strength in the Aussie is being wiped out.
We have bearish momentum and this may slow down or even reverse, however the odds have to be that nothing will change sentimentThe price here has room to fall, with no obvious key support levels until the round number at 0.6800.5 as potentially the most attractive trade setup we might see here today.Ready to trade our
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