Get started
TradingFace

AUDUSD Broken trends

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
TradingFace  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis
3
0
trendanalysis chartpattern beyondta
AU will retest the new support, top of pink rectangle, and or the lower trendline. At this point price may break below the new support, indicating a short opportunity, or it could bounce off this new support, indicating a new upwards trend, and a good long setup:)

If it bounces and setups for a long, be careful when price hits resistance (top of rectangle)!
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.