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supenlexn1

AUDUSD - Short Term Retracement In The Current Down Trend

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
supenlexn1  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD macd_divergence
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trendanalysis chartpattern indicator audusd macd_divergence
The AUDUSD has been in a strong down trend.

The 2 hour chart shows bullish MACD divergence. Usually this creates a short term rally in the overall larger down trend.

I am waiting for a small rally to get back into the down trend.

All the best!

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