umeh_barry

Approaching major reversal area.

Short
umeh_barry Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Price is approaching the previous strong support at 0.78157. We expect this price to become new resistance and head down towards the lower support at 0.75016. The lower-high and lower-low bar has given us this confirmation which makes me confident.
Comment:
Waiting for the pull back now to previous support before downward movement
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.