Bearish Trend before headed back to the upside
I am seeing a possible reversal on US pairs this week. AU struggled to keep its uptrend and on this pass Friday we saw a reversal on most pairs containing the DXY. Like EU I am expecting AU to go down before it continues its uptrend this week due to NFP and the possible stimulus package. But beware because I believe this downtrend will be short live because we are in a recession and a pandemic.