AudUsd- Genuine break of support?

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
The long-term trend for AudUsd is clearly short with the pair dropping for almost a year now.
After reaching 0.7 important figure, AudUsd has started to correct higher and had a local top at 0.73 resistance.
The rise from the bottom is corrective in nature and is drowing a flag on our daily chart , on Friday we have a break under this flag's trend line resistance and also under horizontal support at around 0.72.
This seems to be a genuine break and I expect continuation.
The first target for bears can be 0.7

Free Telegram- Forex&Gold trades:

Free Telegram- Crypto:

Paid subscription info:

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.