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TraderAbdulla

AUDUSD may decline in the next week

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
TraderAbdulla  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Fibonacci Trend Lines
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trendanalysis fibonacci trendline
We have a clear chance that AUDUSD may decline in the next week:

  • 38.20% Fib Correction
  • Secondary Up-Trend (waiting for breakdown)
  • Weak Volume for the Up-Trend
  • Break of Demark Trend
  • Supported above by the Volume Profile
  • Break in the RSI trend before the chart trend

If the price break the channel our goals will be Pivots S1,S2,S3
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