Get started
elmaximolider

AUDUSD AB-CD completed, broken upward channel

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
elmaximolider Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis
1
0
trendanalysis
This pair has completed an AB-CD move and is now struggling to get back into a recent upward channel, as noted on the chart.
Considering shorts in the area up to 0.75722 on a smaller timeframe.

As always: do your own due dilligence and analysis.
Comment:
Price is back in the channel, if it stays there the analysis is invalid.
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.