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Continuation of a Long-Term Downtrend

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
SimpleFinancialMgtCommunity  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Multiple Time Frame Analysis Parallel Channel Moving Averages
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mtfa parallelchannel movingaverage
20220612 - 21:20: Weekly chart presented a big red engulfing candle; price enters back into the channel of a long-term downtrend. Expecting a pullback to retest channel top + SMA200 before heading to the downside.
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