AUDUSD - time to fall again Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Dec 14, 2019 7:52 AM

Broken thru the downward trend line and has rebounded off the downward 200MA, is it time for the fall to continue?

Sitting on horizontal and downtrend support so keep an eye for the next move.

Trend Analysis

Comments

VasilyTrader

⋅ Dec 14, 2019 11:10 AM

I also think that it may bounce from a recently broken trend line ! What do you think?

pezza82

⋅ Dec 14, 2019 12:17 PM

@VasilyPonomarev, I think the news for the Aussie might be good with the usa and China negotiations just announced, but if it's enough to drive it higher and change direction who knows. Just hope we can make some pips off it ;)