Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD has been rejected from the top and possibly breakdown as the global trend is down. A selling opportunity may arise as per the diagram.
Hello traders, AUDUSD has broken all the important levels of support and tested as resistance and now moving to the downside. It is highly likely that this instrument will drop from this zone as per the chart shown. Press the like button if you find value in it.
OANDA:AUDUSD forming a reversal pattern on a 4 hourly chart which can show a huge downtrend on AUDUSD. But right now we are still on a uptrend.