AUDUSD | What will be the next price direction?

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD | What will be the next price direction?

As we can see the price is moving within a descending pattern.

After making the "Z" leg down the pattern looks ready.

However, the price can move lower again if it will face
strong resistance close to the trend line .

Pay close attention to how the price will develop there.

Thank you and Good Luck!

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