AUD/USD trade setup.

1 במרץ 2020

I have identified a clear downtrend within a channel. Price has been in a 2 month long bearish descent from a 0.70253 high down to a 0.65090 price point.
My current view is that price will rise at market open, to complete a new high within the bearish channel. This pair is long overdue for a rice correction.