AUDUSD Bulls in Sight

From an intraday perspective what we can see is that this pair moved lower towards the beginning of the week creating the low on the Tuesday as marked. The pair has regained its losses and moved back towards its weekly opening price. The zone above the price has acted as a resistance however has been tapped into many times which would weaken it by the lesser number of sells now sitting within that area. The blue zone shown below the price, along with a HVA, and the asia session range, all now play a key role and zone that the price can move into through the EUR/LND opens to draw liquidity before moving to the upside.