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Aud Bearish Set up
Australian Dollar / U.S. Dollar
Short
Aud Bearish Set up
By TradersArticle
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Oct 31, 2018
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Oct 31, 2018
We can see a down trend on multiple time frames when you plot the 20 MA Vs 100 MA.
AudUsd is not trading along the 100 MA which may seems to be a rejection zone for bulls to come.
Our overall view on Aud remains bear and specifically on audusd. As long the price remains below 0.7160 region, we are bearish.
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