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Dragonfly_Scotland

Consolidation near the top of the downtrend channel.

Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
Dragonfly_Scotland Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Fundamental Analysis
3
0
trendanalysis fundamental
AUDUSD stayed in the downtrend channel, and now started consolidation on 1h TF. We need to wait for a breakout or continuation of the downtrend.
Comment:
Price is just trying to break out from the downtrend channel.
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