TradingView
KlejdiCuni
Dec 18, 2022 7:17 PM

AUDUSD: The First Move is Done! More Weakness is Expected Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD: The First Move is Done! More Weakness is Expected

From the previous analysis the price already reached the first target.

USD seems stronger after FOMC and the bullish volume pushed the price down
further by breaking in this way the support trend line of the wedge pattern.

More weakness is expected during the coming days considering that all
the important events already finished.

Targets on the chart!

Thank you and Good Luck!

Previous Analysis:
Comments
InvestMate
Thanks for the analysis, I am waiting for the next downward wave
Williamforex
great setup
DAY_PROFITS
Nice analysis here , I think price will drop !
Lingrid
Nice chart, thanks
FOREXN1
Bravo friend , same view here , totally agree ! with you !
StewySongs
🙏🙏🙏
DeGRAM
Great chart analysis.
ProjectSyndicate
proper TA with great summary I like it
More