Big Test for Bulls Coming

Once again, similar sort of price action seen here on the AUDUSD in the last couple of sessions.

With that being said, just like the USDJPY, the main levels are still being respected.

Price is now looking to test a super important daily chart resistance level.

This level looks crucial for this pair and where price heads next.

We can expect to see the bears attempt to push price lower from here because if this level breaks the bulls will be in full control.

This looks like a pair to keep a very close eye on in the coming sessions.