AUDUSD is correcting deeply and fast, I am expecting AUDUSD to reverse from here to resume the long term down trend or as part of an extended correction.
Note
1 hour trend line broken to the downsideNote
took the short position very early when price was as shown in the above chartNote
possible break down as shown in the chart above to resume downsideNote
possible short entryNote
updated weekly view of the pair.Disclaimer
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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.