InvestingScope
Short

Target hit. 1W Channel Down continuation.

FX:AUDUSD   Australian Dollar / U.S. Dollar
TP = 0.72794 hit on the previous short as the 1W Channel Down ( RSI = 40.607, MACD = -0.012, -0.0205) extended lower to a new bottom. Having now made a new Lower High, we are again short with a new TP = 0.7000.
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I have the same channel marked on my chart and agree with this. Best regards
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@DocWonmug, Good to know you agree. So far it is looking like a standard bearish reversal. Let's see. Appreciate your comments and support.
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