Aud/Usd has been a fairly predictable pair to trade lately being as it has been in such a strong trend.
The pair almost made it past the 1.000 level earlier today and then it has retraced since then. So I would look for this pair to go back to that level soon. I will be waiting for a bullish engulfing candle on a 1hr chart.
If you want to see how I trade this pair. Follow me on twitter.
Here is the Chart
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