"AUDUSD: down move coming" by ThinkingAntsOk Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Aug 22, 2019 12:18 PM

4H Chart Explanation:

- Price is on a Macro Descending Channel.
- Price broke an important Support Zone (now Resistance Zone)
- It is currently on a Bearish Corrective Structure.
- If price breaks it at 0,673, potential to move down towards the Fibonacci Levels.

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