forexjet_

AUDUSD Short analysis/signal

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD just broke through the channel and got rejected at 0.71719 key resistant level with a strong confirmation from 50 exponential moving average.
There was a retest @ 0.71719 with a bullish reversal candle which shows a strong downward move.

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.