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Consolidation near the top of the downtrend channel.
Australian Dollar / U.S. Dollar
Consolidation near the top of the downtrend channel.
By Dragonfly_Scotland
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Updated
May 19, 2022
3
May 19, 2022
AUDUSD stayed in the downtrend channel, and now started consolidation on 1h TF. We need to wait for a breakout or continuation of the downtrend.
May 19, 2022
Note
Price is just trying to break out from the downtrend channel.
Fundamental Analysis
Trend Analysis
Dragonfly_Scotland
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