Ricosuavea

AUD/USD Attempting to Retest Downtrend-Line (DAILY)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Breaking down this Chart I marked horizontal Daily Levels which have rejected in the past.

Then I marked the obvious down trend-line, Highlighted the multiple rejections.

Currently it seems as if we are retesting, and may have found temporary support.

Personally going to wait for the trend-line to be met OR the green support level to be met before I decide to take a position.


Thanks for taking the time to see this let me know what you think!

i believe in sharing knowledge, so thanks for sharing your work, i hope you are also learning from my video sessions
+1 Reply
Ricosuavea transparent-fx
@transparent-fx, Thank you, I will start watching your videos and learn from you. I appreciate it.
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