aziz.elliot
Short

#AUDUSD - Possible Bearish flag formation

FX:AUDUSD   Australian Dollar / U.S. Dollar
Hi everyone! Looks like we are having a bearish flag formation here. Although it may reverse at 0.75545 aand form a double bottom . Anyway waiting for a signal to proceed. One of the main reason that will possibly confirm this pattern is FOMC rate decision, which will result DXY to rise before the meeting and if nothing happens, then DXY will start loosing weight.

4 Chart for reference
Comment: testing the previous static support.. breakout will confirm the pattern. may close the order here if you dont wanna wait
Hiçbir şey doğru değil, her şeye izin var.
Aziz
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