It is a speculative movement of SELL AUDUSD. I may think the USD might get back its power. AUDUSD starts to stay as a downfall pattern. Showing a Head And Shoulder pattern within daily chart.
It may be the USD may got its power. So this might be the starting of Selling EURUSD, GBPUSD, NZDUSD and buying USDCAD.
My entry Sell AUDUSD at 0.7550
SL 0.7580
TP 0.7429
Could be the larger movement if the USD power is back.
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