DeGRAM

DeGRAM | AUDUSD breakout down

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
The currency pair is sandwiched between the downward resistance of the downtrend channel and the horizontal support level.
Local vertices are not updated, a triangle-like pattern is formed.
Price is under pressure from sellers.
I expect a breakdown of the support level of 0.734 and a fall to 0.722

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