Australian Dollar / U.S. Dollar
Short
Updated

A clear downside possibility

Looks good for a short trade.
Price broke out the resistance zone but not sustained above.
Broke down now price is rejecting the same level. We might expect a clear downside for last swing low.
Educational purpose only.
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.