AUDUSD LONG BIAS

What is going on traders? 🏆 Last full trading week of the year.

A lot is going on. BoJ surprise announcement to control the Yield Curve (YCC).

This is obviously weighing on the U.S Dollar which is down over 3% against the Yen counterpart on the day.

Another story shaping our current narrative is the possibility of China reopening it’s economy. Commodity markets are up on the day.

This should give the Aussie a bit of strength.