AUDUSD
Updated
Based on my analysis, I believe that AUDUSD will continue to trend downwards. It is advisable to wait for the specified resistance level before making any trading decisions. Although it may resemble a double bottom pattern, it has still led to a good selling opportunity. However, I would like to caution against being deceived by temporary rises, as it may lead to regret once the trend reverses.
Trade active
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.