AUDUSD Looks ready to retrace back down

60
Here a long term trendline was formed and if its respected, expect a significant retrace down to the 0.74-0.73 area.

Sell stops below recent candles low with stops above the trendline and target is the missed monthly pivot

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.