AUDUSD: Top-Down Analysis & Bearish Outlook Explained 🇦🇺🇺🇸
https://tradingview.sweetlogin.com/x/KrpTD6oY/
Take a look at AUDUSD.
The pair is trading in a bearish trend.
The price sets new lower highs, respecting a falling trend line on a daily.
After its last test, the price formed a double top formation on that on an hourly time frame.
Its neckline breakout leaves a strong bearish intraday clue.
I expect a bearish movement to 0.6345 / 0.6335
❤️Please, support my work with like, thank you!❤️
Take a look at AUDUSD.
The pair is trading in a bearish trend.
The price sets new lower highs, respecting a falling trend line on a daily.
After its last test, the price formed a double top formation on that on an hourly time frame.
Its neckline breakout leaves a strong bearish intraday clue.
I expect a bearish movement to 0.6345 / 0.6335
❤️Please, support my work with like, thank you!❤️
Trade closed: target reached
What a move! What a trade!
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.