AUDUSD - Short Term Retracement In The Current Down Trend

The AUDUSD has been in a strong down trend.

The 2 hour chart shows bullish MACD divergence. Usually this creates a short term rally in the overall larger down trend.

I am waiting for a small rally to get back into the down trend.

All the best!

AUDUSDChart PatternsTechnical Indicatorsmacd_divergenceTrend Analysis

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