AUDUSD - Break to the downside imminent

Short

Australian Dollar / U.S. Dollar (FX:AUDUSD)

Updated

FX:AUDUSD Australian Dollar / U.S. Dollar

AUDUSD

audusd

This morning this pair broke through monthly resistance and an important psychological level @0.75000. We expect this price to continue lower to test the ascending trendline. Aggressive traders can open a position now

Trade active

Trade closed manually:

Stopped out at break even

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.