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MMFXSignals
Mar 28, 2022 2:16 PM

AUDUSD ANALYSIS Short

Australian Dollar/U.S. DollarFXCM

Description

A false breakout has occurred around the resistance level at 0.7530
price broke the uptrend line
price below SMA 100
MACD shows bearish momentum
so it's expected bearish movement to support level at 61.8% fib level around 0.7300
Comments
DeGRAM
Indeed great work
EliteTradingSignals
Great insight;))
ForexTrendline
Are you still expecting a push down?
TradePlus-Fx
I suppose there short also
My chart for AUDUSD
Rockqet
Hey! I have the same bias as you. Would like to add on that it is a potential double top pattern, and also area of Fibonacci confluences. Do check out my acc for the analysis!
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