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AUDUSD Price Bounce from Key Support

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
EmpowerTrader  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
3
0
trendanalysis harmonicpatterns chartpattern
Price tested key support as the AUD falls along side the ASX. Look for a potential move to retest key support.

Trade Step-ups:

Scenario One (Bullish Reversal)L: Price rejects a bearish breakout. Look for a potential move to the topside of the bearish channel.

Scenario Two (Bearish Breakout): Price breaks final key support level of the bearish channel.
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