AUD/USD likely to move UP!

Hey tradomaniacs,

looks like previous breakout could boost AUD/USD in short-term as risk-on continues in stocks.

The rate-hike tonight has shown that CBs are getting concerned about a slowdown in the economy.

We had more Risk-On due to worse ISM causing market to hope in less strong rate-hikes by FED. BAD NEWS are teh good news!

Setup not confirmed yet so I`m waiting for good bullish orderflow here.

What do you think?