tomczyz

AUD/USD - Potential downward impulse?

FX:AUDUSD   Australian Dollar / U.S. Dollar
3
AUDUSD is breaking out from trend line, this is important signal. After break out, if it makes flag structure, it is likely that, it will make deeper correction. Otherwise, it will come back to previous highs. So, wait for confrimation in flag structure.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.