AUDUSD Trading Channel in Long Term Down Trend

Short

Australian Dollar / U.S. Dollar (FX:AUDUSD)

FX:AUDUSD Australian Dollar / U.S. Dollar

trendanalysis chartpattern audusd aud usd audusdshort audusdanalysis technicalanalysis

AUDUSD is trading in channel in longterm down trend we may see more downside towards support line of channel , currently it is trading near the resistance line of channel short side trade can be taken with stoploss just above channel resistance and target @ channel support line.

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