FX:AUDUSD   Australian Dollar / U.S. Dollar
The market is stubborn today, but I still found the setup I like and I believe we should profit from it. On the daily time frame, we have a strong rejection of the daily resistance suggesting bearish power for AUD. We have a new 1-hour low and on the 4-hour, we have a triple top patter forming, if we will manage to break MA 20 and a mid-zone support we can expect a further drop down to a previous 12-hour low.

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.