AUD/USD not looking bearish as everyone is saying!

FX:AUDUSD   Australian Dollar / U.S. Dollar
Everyone on Twitter and many other website is calling AUD/USD             bearish because he broke the yearly low BUT they are not looking the big picture, which in this case Monthly chart.
Looking this monthly chart, we can see that he looks that he is in a descending channel , which is very clear. Also 0.50% is at 0.8535 and also a trend line . Last month candlestick does not look bearish 100% but a little signal to be careful.

However, I am not saying to buy like crazy! I am just saying to be careful especially seeing the price action today (going above the broken level).

More information, follow me on Twitter: @thiagotrader
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out