AUDUSD SELL OUTLOOK

7 באוק׳ 2019

In a strong downtrend for a long time and previous analysis covered the reasons, we can see that there was a clean rejection on the 0.675 level which is a very strong of previous support. we can anticipate a further move down to the 0.67 level depending on the way price reacts around the 200MA on the chart. however it is once again in my personal opinion we could see a further move down to the outlines area.