JakeSummers4x

Potential break and retest of the long term down trendline

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
We saw a nice clean break of the long term down trendline last week, with an evening star/doji reversal formation on the daily at key resistance.

If we look at the bigger picture there's signs of a recovery of the AUD across some of the major pairs.

I'll zoom in to the most recent price action around the trendline as mentioned above to share my thoughts.

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