AUDUSD - Potential Bull Flag
Hello Traders,
The AUDUSD is currently trading on a key trendline support and a typical bull flag formation.
The recent rally in the USD looks corrective in nature, therefore we are expecting further selling pressure coming into play against the USD in the near future.
Any thoughts or comments are welcome below.
The AUDUSD is currently trading on a key trendline support and a typical bull flag formation.
The recent rally in the USD looks corrective in nature, therefore we are expecting further selling pressure coming into play against the USD in the near future.
Any thoughts or comments are welcome below.
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