As we could see on yesterday’s Live Trading webinar, straight after our live trading session, the AUD/USD has rejected and made pips in the bearish direction. That was a counter trade opportunity we had, but today the AUD/USD might proceed with the trend. The POC zone is 0.7510-20 (D L4, ATR pivot, bullish order block, EMA89) and if we see a retracement, the pair might reject from the POC zone targeting H3 and H4 camarilla pivots. 1 hour candle close above 1.7568 might target 1.7586 and further 0.7617 on a stronger momentum push. Have in mind that the ATR (range) of the pair is small, only 57 pips so 0.7580 zone is looking more realistic should the bullish momentum prevail.
