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Ricosuavea

AUD/USD Attempting to Retest Downtrend-Line (DAILY)

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Ricosuavea  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis AUDUSD audusdforecast aud audusdsignal audusddaily audusdanalysis audusdidea
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trendanalysis chartpattern beyondta audusd audusdforecast aud audusdsignal audusddaily audusdanalysis audusdidea
Breaking down this Chart I marked horizontal Daily Levels which have rejected in the past.

Then I marked the obvious down trend-line, Highlighted the multiple rejections.

Currently it seems as if we are retesting, and may have found temporary support.

Personally going to wait for the trend-line to be met OR the green support level to be met before I decide to take a position.


Thanks for taking the time to see this let me know what you think!

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