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KlejdiCuni

AUDUSD: Descending Channel

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
KlejdiCuni  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
106
31
trendanalysis harmonicpatterns chartpattern
The price is moving down in a descending channel. Now the price is testing a strong support zone coming from below. We may see the price moving higher again as after the retest of the support line it created a small pin bar candle. Actually, the price broke out of the Friday high and it is keeping the bullish momentum.

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