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Aug 12, 2021 10:22 PM

AUD-USD Will Keep Falling! Sell! Short

Australian Dollar/U.S. DollarFXCM

Description


Hello,Traders!
AUD-USD
is bearish on the 3D timeframe
And the fact that the pair broke below the horizontal key level
That became a resistance, makes us even more bearish
Thus, after some consolidation below the current resistance
I think that we will see bearish continuation towards the support below
Sell!
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Comments
Bearman9921
Great idea! Thank you for your analysis!
fitryfahmi2
Very simple yet effective explanation. Even on D1 you can also see that this pair is on downtrend. The RSI reading stays below 50
Dlphdavis
What’s your target area for this week?
TopTradingSignals
What do you think?
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