Australian Dollar / U.S. Dollar
Short
Updated

AUD/USD Nice Sell Setup

78
AUD/USD is in a downtrend. Currently in corrective strucutre, also hitting a trendline (bearish) waiting for a trendline rejection and a break of the bearish flag we are currently in. If the bearish flag breaks out to the upside the trade idea is voided. Trade safe traders.
Note
snapshot

Bigger correction than expected, still expecting a bearish movement.
Note
Trade voided by weak dollar economic news.

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.