AUDUSD AB-CD completed, broken upward channel
Updated
This pair has completed an AB-CD move and is now struggling to get back into a recent upward channel, as noted on the chart.
Considering shorts in the area up to 0.75722 on a smaller timeframe.
As always: do your own due dilligence and analysis.
Considering shorts in the area up to 0.75722 on a smaller timeframe.
As always: do your own due dilligence and analysis.
Note
Price is back in the channel, if it stays there the analysis is invalid.
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