I've given out some analysis on the AUD before, explaining how the AUD is really strong and the banks are very happy at where it's currently stationed with supply & demand
zones all across the price levels 0.70-0.80 within AUD/USD
- Right now AUD/USD
is at a significant event area, it seems to be following the drop and reverse ratio perfectly.
The price is currently at a significant event area which is also located within the willis zone, that's two confluences, we've also got a price action on the 4-hourly, a huge pin bar
3 Confluences - Following The Trend - Erase the emotions and take it short with risk managed.