Audusdsell
AUDUSD to reverse from downside confirmation, potential drop!
AUDUSD to reverse from its downside confirmation at 0.65700 where it could potentially drop further to 0.64861.
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AudUsd outlookAs I said in the previous analysis, I expect AudUsd to drop.
The pair confirmed 0.65 zone as a strong sell zone and now is trading at 0.6420-0.6450 support and previous congestion zone.
A break here is important for the pair and announce a continuation for the downward trajectory.
I will remain bearish AudUsd and only a strong break above 0.65 could change my outlook