AUD/USD Going Down

#trading_idea 💡

🦘Pay Attention to #AUDUSD!

On the 4H chart, price broke below the trending line and testing support at 0.69 . The Bulls&Bears points on bearish sentiment while Momentum shows a possible downwards movement. In addition there is bearish engulfing candle model.


🔽If the price breaks down the 0.69 support , a slide towards 0.686 is possible.

🔼Otherwise, rebound and rise to the resistance 0.684 and higher is likely.


👋 Show "👍" if you believe the price will increase and "👎" if you believe it will decrease.


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