AUDUSD facing bearish pressure | 14 August 2020 Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Aug 14, 2020 2:32 AM

Price is facing bearish pressure from our resistance and trend line where we could see a reversal here. 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.

Comments

Data_Block

⋅ Aug 14, 2020 3:31 AM

I see a reversed head and shoulders instead. I think the price is good now for a long to .724 Thanks

FXCM

⋅ Aug 17, 2020 5:22 AM

@Juniorgh, thanks for sharing and nice call on that!