The Australian Dollar to decline in price vs USD

Short

Australian Dollar / U.S. Dollar (FX:AUDUSD)

FX:AUDUSD Australian Dollar / U.S. Dollar

Flag Multiple Time Frame Analysis Support and Resistance AUDUSD audusdshort Technical Analysis downtrend Bearish Flag Bearish Patterns Forex jayiix DJ FXCM Index

flagpattern mtfa supportandresistance audusd audusdshort technicalanalysis downtrend bearishflag bearish forex jayiix usdollar

I've broken down an awesome short opportunity with some top-down analysis from the Monthly all the way to the 4H and we're able to see that Dailly structure has already been breached. According to the technical, price is prepared for a decline to lower weekly levels rather soon. Anytime clear Lower lows and lower highs are spotted, there's an immediate downtrend to become a part of. Let's ride the wave.

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