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The_Pip_Trader

AUDUSD short

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
The_Pip_Trader  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis AUDUSD audusdshort Bearish Patterns 1h 30min breakandretest consolidation rangingmarket
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trendanalysis audusd audusdshort bearish 1h 30min breakandretest consolidation rangingmarket
AUDUSD
AUDUSD is in an overall bearish market. Price broke
strong support level after a brief consolidation on the 1H
timeframe. It retested at support turned into resistance
and also retracing at the 38.2% Fibonacci PRZ level with
a bearish engulfing candle on the 30 min as confirmation
to go short on AUDUSD.
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