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Chamira
Dec 2, 2022 4:03 AM

AUDUSD END OF 22 Analysis 

Australian Dollar/U.S. DollarFXCM

Description

AU is a pair that has been overall bearish, expected to still drop long term. Higher timeframes are bearish, Monthly is currently bullish for a LH to be made. 2020 low is a potential downside target to get swept. This is a higher timeframe view, not expected to play out any time soon, but more liquidity is to the downside because on multiple timeframes, the highs are getting lower.
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