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Jul 31, 2021 3:49 AM
AUDUSD: Downtrend continuation
Short
FX:AUDUSD
240
Australian Dollar/U.S. Dollar
FXCM
Description
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Jul 31, 2021 3:49 AM
AUDUSD is in a downtrend for weeks and has tested its trend line. The probability of downtrend continuation is high. A short is recommended here. A stop loss could be placed above the last higher at 0.7415. A first target would be 0.73 then 0.7250.
Trend Analysis
Support and Resistance
Trend Lines
AUDUSD
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