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Adam-Robinson
Feb 1, 2020 10:01 AM

AUDUSD - SHORT Short

AUD/USDOANDA

Description

Weekly - Price has been trading in a decending channel since December 2018 and has finally broken strong support level of 0.67200.

Daily - Price has been trading in a decending channel since December 2018 and has finally broken strong support level of 0.67200. However this is the midline of the pitchfork so potential retracement to 0.67200 before price continues lower.

4 Hour - Bullish head and shoulders chart pattern measurement has been reached however price is still stong bearish. Look for conformation support level at 0.67000 to 0.67200 zone.
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