Price Action| AUDUSD sell opportunity Short

AUD/USDOANDA

Description

⋅ Sep 2, 2023 1:59 PM

AUDUSD recently made a double top at the resistance level. The price may broke and closed below the ascending channel. The market is consolidating on the 1H timeframe, and price likely will retest the resistance. We expect a bearish move.

Chart Patterns

Comments

TheFxAce

⋅ Sep 3, 2023 3:06 AM

Thoughtful arguments for why we might be headed downward.