AUD/USD is in a downtrend. Currently in corrective strucutre, also hitting a trendline (bearish) waiting for a trendline rejection and a break of the bearish flag we are currently in. If the bearish flag breaks out to the upside the trade idea is voided. Trade safe traders.
Comment:
Trade voided by weak dollar economic news.
Bigger correction than expected, still expecting a bearish movement.