AUDUSD H8 - Short Signal

AUDUSD H8

AUDUSD, a currency pair known for its dynamic movement during the eastern session, owing to its base in the eastern time zone. We observed a substantial decline of up to 1.1R in the previous eastern session, although it's worth noting that stop losses are set with a broad coverage, extending to encompass all previous wicks.

Today, we'll be keenly watching for any signs of relief for the dollar. A potential shift in the dollar's momentum could pave the way for the anticipated unfolding of analysis in these ***USD pairs.