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KaltoireCapital

AUD/USD Price Outlook: Looking at the Bearish Scenario

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
KaltoireCapital  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis AUDUSD audusdshort audusdforecast audusdsignal audusdlong audusdsell audusdanalysis audusddaily audusdbuy
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trendanalysis chartpattern beyondta audusd audusdshort audusdforecast audusdsignal audusdlong audusdsell audusdanalysis audusddaily audusdbuy
AUD/USD is currently in a trend reversal phase. Currently the price is in a very important area. If this line is broken by the bears, then I expect more downtrend in AUDUSD upto 0.6670.
Since I have a bearish bias on this pair, I will be watching for a break of this line before putting new sell trades.

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