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AUDUSD: Is That a Trap?! 🇦🇺🇺🇸
Australian Dollar / U.S. Dollar
Short
AUDUSD: Is That a Trap?! 🇦🇺🇺🇸
By VasilyTrader
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Apr 23, 2024
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Apr 23, 2024
https://www.tradingview.com/x/CYRYHZr6/
AUDUSD reached a key horizontal resistance.
After an attempt to violate that, the price dropped
and broke a support line of a rising wedge pattern,
showing a sign of strength of the sellers.
I think that the violation was a trap.
The pair may drop now at least to 0.6433
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Candlestick Analysis
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