What is the Market’s Time Frame for a EURUSD, AUDUSD Break?
With the AUDUSD refusing the siren call of the slow-motion risk appetite advance, we had a discernable opportunity to see a long overdue breakout from one of the FX market's most risk sensitive pair's this morning. Alas, without a definable risk aversion move on the day, the channel has held and range trading is still the preferred strategy approach. In today's video we keep tabs on the activity extremes, upcoming event risk and the time frames that the market is pricing in a return to volatility.
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