The AUD/USD pair went back and forth during the session on Tuesday, essentially hugging the 0.95 level. This shows the market is still a bit confused at the moment, and seems to be comfortable in this general vicinity. Because of this, we look at the top of the candle from Tuesday as an area that could send the market higher, on a break above it. For selling is concerned, we don’t really have a scenario where we want to because of the noise that we see underneath this particular range for the session.
Written by FX Empire