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Elemont

AUDUSD Set for continuation lower

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Elemont  
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD 1h 4h Daily Charts FLAG Pennant short SELL setup forecast
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audusd 1h 4h daily flag pennant short sell setup forecast
AUDUSD broke out of an upwards flag pattern and is looking to drop further.
Upon a bounce lower from the orange line, or a break below the local trend, we expect price to head towards the bottom channel of the Daily.

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