AUDUSD Looks the Perfect Reversal, But Not Until Speculators Return

From a technical and fundamental perspective, AUDUSD looks like an ideal reversal opportunity. Yet, we are missing a critical ingredient - speculators. Without traders online and active, we are missing the critical spark that can break technical boundaries and the liquidity that is critical for feeding a strong drive in risk trends. In today's video, we look over the attractive swing setups that aren't yet ready, discuss the missing puzzle piece for the return to active trading, the likely bearing for a revival in trend and the setups that cater to current market conditions.

More episodes of DailyFX News

Featured episodes in News & Politics

DailyFX News

DailyFX, the free news and research website of leading forex and CFD broker, FXCM, delivers up-to-date analysis of the fundamental and technical influences driving the currency and commodity markets. www.DailyFX.com Risk Disclaimer: http://www.dailyfx.com/page/risk_warning.html