Trade photo and explanation.

With the North American session about to get underway, I maintain my view that USD weakness can be faded. I've entered AUD USD short.

The risk to the trade is simply if the USD weakness from yesterday continues. But for now, I maintain my long USD bias and I think the dollar could strengthen into the weekend.

If it's ongoing, I will close the the trade before end of day to avoid weekend risk.

Please feel free to get in touch with any questions: johnelfedforexblog@gmail.com