TradeMagna

AUDUSD - Retest the trendline

Short
TradeMagna Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hello dear friends,


AUDUSD recently seems to have a resistance level which would push prices lower to test the trendline. be prepared for such scenario to happen.


To be continued...
Comment:
Comment:
Be aware that our current safety valve is this minor trendline, if market went above it we will long the market for higher prices.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.