US stocks were
trading higher in pre-market session today so the S&P500 cash market is
higher now, testing very important levels back from June 6th and 13th. That’s
ideal zone for a new sell-off, so traders must be aware of a decline back to
1560 especially if 1582 gives way. If stocks will reverse lower then AUDUSD may
follow based on the latest correlation.
S&P500 1h
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E_mini S&P vs. AUDUSD
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