Hi, today we are going to talk about the Australian Dollar and its current landscape.
The AUD/USD still in a strong channel, but the price made an accumulation on the floor of this channel, making possible then a Bearish breakout. If this happens, the price movement might be massive. The Bullish defense finds itself in one old support, until this point there is a free zone, for the selling volatility.
Thank you for reading and leave your comments if you like.