There were quite a few so-called analysts spitting out bullish AUD/USD scenarios yesterday when we were trading above .9050. Two of the same have just issued bearish analyses now that we are below .8950; puhleese! Don’t they have any shame.
Looks to me like the AUD/USD is consolidating recent losses below .9100 and should find very strong support from a short market below .8900. I’d tend towards playing these edges albeit with a modest bearish bias. Don’t get bullish at the or bearish at the bottom.