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London_fx_club
Mar 23, 2021 7:43 AM

AUD USD Breakout short  Short

Australian Dollar/U.S. DollarFXCM

Description

Traders we have had a breakout of the current 6 months channel for the AUDUSD
The retest has also occurred a nice drop for the AUUDUSD at least till the daily 200 zone and lower
Recent Worldwide sanctions on China has hit both the AUD and NZD hard
This has surprised many and has made us bearish in both the AUD and NZD

Comment

+ 100 pips
we had the breakout and the retest and now the drop
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