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opizzlefx
Jan 19, 2020 3:20 AM

AUDUSD More potential to move to the Downside Short

Australian Dollar/U.S. DollarFXCM

Description

Price broke out from an Ascending channel, There is still more selling power as sellers would move price more lower. Reasons is because there is are two scenario. Price formed a bearish corrective structure as our first confirmation to sell. Also there's a Head and Shoulders Pattern.

Price breaks the neck line this could give more room for price to move to our target area
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Comments
transparent-fx
I will be looking for this on Audusd, made this breakdown
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