AUDUSD (The Swingback is in the making)
View On AUDUSD (17 Aug 2023)
AUDUSD is in
* Downtrend in short term (Intraweek)
* Downtrend in Mid term (Intramonth)
* Downtrend in Long term (Last 3 months)
AUDUSD is in the strong down trend lately but I feel that the sell down was way overdone.
So, I am expecting some sort of rebound at least toward the nearest resistant.
0.6455 shall on sight and we still need to be careful as the overall trend is down.
DYODD, all the best and read the disclaimer too.
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Thank You!
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