AUDUSD: BEARISH CHANNELING, THE EFFECT OF STRONGER DOLLAR?
Hello Enthusiast Forex Traders! Here's NEW POTENTIAL long-term outlook for AUDUSD , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
a) AUDUSD created a bearish impulsive candle on multiple rejection area
b) Potentially Forming Wide Range Bearish Channeling, Breakout of the pattern could indicate a bearish bias on AUDUSD
c) MACD indicator has moved below the zero level area, Indicating a possibilty of bearish bias ahead
Please wait for the confirmation of pattern breakout before using the roadmap.
*The Roadmap only actives if there is a breakout on the pattern*
*The roadmap will be invalid after exceeding resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.
a) AUDUSD created a bearish impulsive candle on multiple rejection area
b) Potentially Forming Wide Range Bearish Channeling, Breakout of the pattern could indicate a bearish bias on AUDUSD
c) MACD indicator has moved below the zero level area, Indicating a possibilty of bearish bias ahead
Please wait for the confirmation of pattern breakout before using the roadmap.
*The Roadmap only actives if there is a breakout on the pattern*
*The roadmap will be invalid after exceeding resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.
Trade closed: stop reached
