AUD/USD Downtrend to Continue
AUDUSDWe know the pair hit its highs in early November, but price fell after double top formation.
Confirmed Bearish Flag Pattern on the 4Hr.
Price fell below the 4H SMA 200.
Entry areas- 2:1 R/R on a pullback/retracement.
The red is the next nearest support level after breaking this current level.
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.