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ThinkingAntsOk

"AUDUSD continues the down move" 4H Analysis by ThinkingAntsOk

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ThinkingAntsOk  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Support and Resistance Trend Lines Multiple Time Frame Analysis AUDUSD aud USD fx Forex
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supportandresistance trendline mtfa audusd aud usd fx forex
4 Hour Chart Explanation:

- Price bounced on the Resistance Zone and broke the Ascending Channel.
- Bearish Divergence on MACD.
- Price is, currently, on a lateralization.
- We expect price to move down towards the Support Zone at 0,6885.

However, we are still long in our Daily and Weekly Chart Analysis.

Weekly Vision:
snapshot

Daily Vision:
snapshot

Updates coming soon!
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