AUDUSD Week 48

Hi traders,

The potential range on AUDUSD did not form because of pessimism on the US-china trade talks.

There is low volatility in the AUDUSD during this time. Price drifted below the key 67800 handle, holding nicely below.

The stochastic shows that price might be overdone so we can expect short opportunities on pullbacks targeting the 67465 level.

All the best,
Aardall