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AUDUSD SELL IDEA

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
SnapForexOfficial  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD audusdshort audusdsell audusdanalysis audusdidea
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trendanalysis chartpattern indicator audusd audusdshort audusdsell audusdanalysis audusdidea
** JUST AN IDEA. NOT A SIGNAL **


We can see here that the trade has tested and felt constant resistance at 0.70015 multiple times already.

After its breakthrough, it then felt resistance again at 0.70302 where momentum took a swing as sellers have weighed the chart down.

We expect to see a further downtrend from here onwards after rejection of 0.70015 once again.




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