XTrendSpeed

AUDUSD Potential Top Pattern

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD forms a potential top in the short-term, and short-term bears dominate. Focus on the resistance in the 0.719-0.721 area. If the rebound encounters resistance, consider shorting. The bottom support is focused on 0.715, and the drop below opens up the downside.

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.