Watching USD reaction to jobs data, especially against AUD

That recent $USD dip to around 96.1 after the softer jobs print has me rethinking a few things. I was leaning towards continued dollar strength, but the market's quick reaction suggests there's less conviction for higher rates than some of the hawkish Fed speak implies. It's fascinating how quickly sentiment can shift with just one data point.

Now I'm particularly interested in how $AUDCAD responds if the USD continues to show weakness. Currently trading around 0.98142, it's hovering near the top of its daily range. If the USD downtrend gains momentum, I'd expect more follow-through on carry pairs like AUDCAD, potentially pushing it higher as investors seek yield outside the dollar. It’s definitely on my watchlist for a potential long if we see confirmation.