AUDUSD Bullish momentum is slowly weakening and the candles with wicks at the top indicates that.
If the trendline breaks, then the resumption of Bearish trend will be confirmed.
AUDUSD may drop to 0.61, 0.60 and 0.56 again if the bearish trend resumes.
If the trendline breaks, then the resumption of Bearish trend will be confirmed.
AUDUSD may drop to 0.61, 0.60 and 0.56 again if the bearish trend resumes.
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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.