DeGRAM

DeGRAM | AUDUSD short term trade

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is currently in the range after moving out of the ascending channel .

The price is consolidating around psychological level 0.67000.

Price action is printing lower lows and lower close, indicating a bearish trend.

I expect a bearish move if the range zone breaks or a further consolidation until a new trend is confirmed.



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