Welcome once again to my trading journal friends. I appreciate your visits and the contributions which has been very helpful to me in making my trading decisions.
AUD/USD MARKET VIEW
From what I see on various time frames of the AUD/USD currency combination I decided looking for sell opportunities will be the right thing to do with the asset next trading sessions. I see technical settings showing a bearish stoch which suggests a good decline in the price of the asset. Besides the USD recently turned bullish having gained strength after the release of NFP and other news that came out positive for the USD. So now I expect price to slide further to the downside probably hitting the support around 0.7000. Hence I will highly recommend selling this asset. Dear traders, your views on this asset will be welcome as usual.