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AUD/USD Technical Analysis

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
traderpulse  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Chart Patterns Trend Analysis AUDUSD audusdshort audusdforecast audusdsignal audusdanalysis audusdlong audusdsell audusddaily audusdidea
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chartpattern trendanalysis audusd audusdshort audusdforecast audusdsignal audusdanalysis audusdlong audusdsell audusddaily audusdidea
The counter has formed a gramophone pattern.
It has hit the upper trendline and is coming down with strong momentum.
We advise traders to go short when the pair breaks the support level of 0.71745 and expect a sell-off to lower trendline.
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