AUD/USD Examines Double Bottom and 50 EMA – Quick Plan to Trade - Forex News by FX Leaders

The AUD/USD pair is trading sideways at around the 0.7010 to 0.6990 level. The closing of Doji candles suggests chances of a selling bias for the pair, which could lead to a bearish correction until the 0.6970 level, while a continuation of the bullish trend could lead the AUD/USD prices towards the 0.7035 mark. Consider taking a sell trade below 0.6986 and a buying trade over the 0.7010 level today. Good luck! 

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