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Adefxc

Bearish bias on AUD/USD

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
Adefxc  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis AUDUSD USD aud fx fxsignals
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trendanalysis chartpattern beyondta audusd usd aud fx fxsignals
The AUD/USD is trending below last week's Thursday low (Support) which is being used as new resistance. The same level falls below the pivot point inside a symmetrical triangle.

A break of the lower trendline could initiate a further downside movement in the price of the Aussie.

This is worth looking out for!
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