judethegreat

AUD downtrend analysis

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
By looking at the trend lines. It shows AUD/USD still respecting a downtrend. I have also drawn fib zone level of replacements. I am looking for sell opportunities between the .618 and .50 fib zone area. If the price breakes the trendlines, expect a breakout to occur in that direction.

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