FX:AUDUSD   Australian Dollar / U.S. Dollar
Price previously broke out of the rising wedge pattern to the downside after rejecting the weekly resistance region at the top. Price today has made a bearish reaction at the retest zone, along with the supply zone forming a Doji candlestick & bearish engulfing. This is signaling that sellers may be preparing to push price down again. A clear break of the counter trend line on the lower timeframe & we may see price enter the impulsive stage & push price down towards support.
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