FullTimeTrader

AUDUSD-triple bottom with divergence

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
11
My overall bias for the USD is bearish for the next days. Today the USD weakened against other currencies and i expect more negative news next days. This pair may also make a deeper correction before continuing the downtrend.

Weekly chart analisis for this pair:

Here we can see a triple bottom pattern with a bullish divergence. I expect a pullback at least to 0.8000

Best regards.

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