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AUDUSD Short Scenario

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
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FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis AUDUSD audusdshort audsusdsell audusdsell1hr audusdsignal audusdforecast audusdanalysis audusdbearish
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trendanalysis indicator beyondta audusd audusdshort audsusdsell audusdsell1hr audusdsignal audusdforecast audusdanalysis audusdbearish
market is in overall downtrend, but it created a upwards correction and retrace to a key market level where it got resisted, also broke a upwards movement structure, so we are forecasting we should see price drop down to the recent main Lower Low

Entry: 0.70042
Invalidation: 0.70494
Target: 0.68298
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AUDUSD short
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