alicanuz

AUD/USD Technical Analysis

Short
alicanuz Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Price is in a downtrend making lower lows and lower highs, I believe the new lower high in this circumtance is 0.7370 and price can now fall to the -0.27 or -0.618 fibo levels where price can find support and reverse.
Trade closed manually:
Took profit after 4-hour bullish engulfing candlestick.

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