AUDUSD - Weekly Sell trade still in play

I have shared this trade idea couple of day ago and while back then it was a technical trade, given the turbulence in the Liberal party in Australia and potential early election as early as October, this will weight on the Aussie and trigger a sell off.

Jerome Powell is expected to stay independent and will most likely brush off recent comments from president Trump. FOMC meeting minutes overnight carried a hawkish tone as long as the economy stays on the track. I expect the continuation of this trade and getting closer to our target as early as mid next week.

This is the idea from couple of days ago.