NFP Event on AudUsd

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Looking at AudUsd, the sentiment of the pair has contextually changed over the last couple of days. With its bullish push to possibly break market structure, we could be seeing more bulls come into play.

An interesting news release that could cause a bullish or bearish breakout for this pair is the NFP event tomorrow afternoon. This should cause a high volatility movement in one direction that usually sets the underlying tone for the pair. I will reassess the pair after the even tomorrow afternoon.

Penafian

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