AUDUSD Forex Weekly Analysis May 29 - June 2, 2017
Looking for the recently formed bearish momentum to continue. A rapid increase in the market usually followed by either wide sideways movement or rapid decrease of the price level.
In this case, we might be seeing a wide sideways movement considering that the price is moving in a triangle pattern from a bigger time frame (W1).
In this case, we might be seeing a wide sideways movement considering that the price is moving in a triangle pattern from a bigger time frame (W1).
Related publications
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.
Related publications
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.