VERTEXCHARTS | AUDUSD TRADE IDEA
AUDUSD has been moving in a descending channel in the weekly timeframe and has recently touched the resistance line of the channel and has started to fall towards the support line.
during the last week it has also shown price rejection and therefore established some confirmation of bearish movement within the week.
Look for more confirmations for a possible short position
during the last week it has also shown price rejection and therefore established some confirmation of bearish movement within the week.
Look for more confirmations for a possible short position
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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.
Related publications
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.