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ThinkingAntsOk
Aug 12, 2019 3:06 PM

"AUDUSD broke an important Support Zone" by ThinkingAntsOk Short

Australian Dollar/U.S. DollarFXCM

Description

Daily Chart Explanation:

- Price was on a lateralization since May 15'.
- Price broke the ex Support Zone at 0.78.
- Also, it is on a Descending Channel.
- If price starts its down move, it has potential to move down towards the next Support Zone at 0,634.
- We are looking for sell setups on lower timeframes.

Check out our Weekly Analysis.

Weekly Vision:


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