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DeGRAM
Aug 3, 2021 7:08 AM

DeGRAM | AUDUSD down from resistance Short

Australian Dollar/U.S. DollarFXCM

Description

An instrument in a downtrend is trading at the upper border, below the resistance level.
I think that it is likely to see a false breakout or a rebound from the channel resistance and a fall in the price to support 0.722

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
Dlphdavis
Nice, do you anticipate a possible touch of .7300 by Friday?
That’s my target
khrystynat
Agreed :)
MisterFibo
I have seen the same idea from someone else. You are not the only one who offers AUDUSD at 0.73694 to take in fall)
Forex_Times
Your charts are amazing!
UnknownUnicorn15614419
hi bro thanks a lot for hard work and quality job
TradingAlchemist
interesting area to watch out for :) thx
Lingrid
Really great analysis my dear friend ! Loved your detailed chart..
Mihai_Iacob
Great chart,thanks for your work
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