Get started
T3-Consultancy

AUDUSD 15M: Bearish outlook seen, further downside below 0.6665

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
T3-Consultancy  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Harmonic Patterns Chart Patterns Trend Analysis DJ FXCM Index AUDUSD audusdshort audusdbearish Forex forexsignals forextrading
3
0
harmonicpatterns chartpattern trendanalysis usdollar audusd audusdshort audusdbearish forex forexsignals forextrading
On the 15M timeframe, price is showing strong bearish correction. A pullback to the resistance zone at 0.6700, which coincides with the 61.8% Fibonacci retracement, and a break below downside confirmation at 0.6680 could present an opportunity to play the drop to the resistance-turned-support zone at 0.6665. Price is holding below ichimoku clouds and 20 EMA, supporting our bearish bias.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.