🦘 AUD/USD Continues Declines According to the Scenario 🦘

🦘 AUD/USD Continues Declines According to the Scenario

🦘 Nearest strong support zone: around the 0.382 fibo level of the declining wave.

🦘 Nearest strong resistance zone: around recent peaks.

🦘 Technical environment:

📊 Moving averages: 50/50

📊 MACD: Downtrend

📊 RSI: Downtrend

🦘 Price action: AUD/USD continues to execute the downtrend scenario that I wrote about yesterday, looking at the formations a retest of the support zone could happen next week

📉 The scenario I am playing is the continuation of the declines. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.

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