AUD/USD Potential Trend reversal
The pair has been in a downtrend since September 2017, and may be nearing a concentrated area of resistance and support.
Watching for future Bullish pattern confirmations, into a clear uptrend before taking a long trade. The more bull patterns that simultaneously form the better :)
A breakdown of the lower channel/support line is still possible
Likely to become range bound for a period
Currently committing to short opportunities
Watching for future Bullish pattern confirmations, into a clear uptrend before taking a long trade. The more bull patterns that simultaneously form the better :)
A breakdown of the lower channel/support line is still possible
Likely to become range bound for a period
Currently committing to short opportunities
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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.
Related publications
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.