AUDUSD back in channel

Well after a leap up it seems AUDUSD has retraced back to the safety of it’s channel. Perhaps with further downside. I think after todays good USD data we could see lower moves over the next 24 hours. We’ve had some bad data from the US recently but this looks like it was a temporary blip and we could be carrying on with signs of recovery. I’ll probably LONG GBPJPY tomorrow or later depending on how far it dips.

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