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ForexGoldenBoy

AUDUSD : The party should continue

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ForexGoldenBoy Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Support and Resistance
1
0
trendanalysis supportandresistance
As previously stated AUDUSD is in a downtrend
+
Bearish channel confirmed
+
probable bounce on support to come
=
In theory still bearish trend
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Likely new lows to follow
Trade closed: stop reached:
Scénario invalidated
Comment:
Trend remains bearish below 0.7538
For now it is the slope of the bearish channel that is changing.
Probable resumption of the decline
Trade closed: stop reached:
Scénario invalidated
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