AudUsd- rallies should be sold

7 בספט׳ 2020

In my opinion, the false break above the channel's resistance for AudUsd marks a clear top for the pair and after a 200 pips drop from this top the pair is now in a normal correction.
I expect a new leg down after this correction and rallies should be sold
The bearish outlook is valid as long as the pice stays under 0.74