AUDUSD - Short
AUDUSD is overal bearish and we can see on ym cheat have I have a descending channel which touch
the top of the trend line many times creating HL's and also touching the bottom trend line creating LL'S also/
Within the channel we have also have a minor trend (GREEN LINE) breaking to to the upside and now price
is retracing back down. If we can see a break below 0.72290 I would expect price to rally back down creating
to creating a new LL in the near future.
Like and leave your views and comments below.
the top of the trend line many times creating HL's and also touching the bottom trend line creating LL'S also/
Within the channel we have also have a minor trend (GREEN LINE) breaking to to the upside and now price
is retracing back down. If we can see a break below 0.72290 I would expect price to rally back down creating
to creating a new LL in the near future.
Like and leave your views and comments below.
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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.