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AUD/USD (Daily Chart) - Good Chance to Short

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
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FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis AUDUSD aud-usd Forex forexsignals forextrading priceaction synapsetrading
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trendanalysis chartpattern beyondta audusd aud-usd forex forexsignals forextrading priceaction synapsetrading
This pair has been on a long-term downtrend, and recently had a pullback to the 20&50-EMAs.

After observing some bearish price action, there is a very good chance that the downtrend will resume.

This means now is a good opportunity to initiate a low-risk short position.

Good luck!
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