AUDUSD: The Price Has Been In a Strong 20-Month Downtrend
If you will check the daily chart on AUDUSD you will see that
the price is moving in a strong bearish trend for the last 20-months.
Also on lower time frames, the only bullish movements are corrective.
Technical Analysis:
Price is still in a free fall.
We can see any potential correction like it did in the past.
If the price will correct again it can also continue moving lower from the
actual price position.
Thank you and Good Luck!
If you will check the daily chart on AUDUSD you will see that
the price is moving in a strong bearish trend for the last 20-months.
Also on lower time frames, the only bullish movements are corrective.
Technical Analysis:
Price is still in a free fall.
We can see any potential correction like it did in the past.
If the price will correct again it can also continue moving lower from the
actual price position.
Thank you and Good Luck!
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t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.