Selling AUD/USD here….

The AU-US 10Y spread stood at 7 bps on 11 July and currently stands at 7 bps. This contradicts the rally in the AUD/USD pair from 0.76 handle to 0.7740. On the 4-hr and 1-hr AUD/USD chart, the RSI is overbought…

Sell AUD/USD @ 0.7730 Objective 0.7665 Objective Stops above 0.7760

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