A break of this bearish channel on AUDUSD will send us tumbling to 0.70000. Once price makes its intial move to the downside, we will see if we can hold the support of 0.70000 to swing long on AUDUSD 400-500 pips to the upside.
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.