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DeGRAM | AUDUSD broke ascending channel

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
DeGRAM  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Support and Resistance audusdanalysis audusdsignal
40
15
trendanalysis chartpattern supportandresistance audusdanalysis audusdsignal
AUDUSD recently made a false break by printing pinbars .

The price is likely to test the resistance zone since the price broke and closed below the ascending channel.

The market is consolidating on the 4H timeframe following a sell off.

We expect a bearish move.



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