kartier

Bearish possibilities with AUD/USD

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
As we can see in the analysis above price has been in a downtrend, recently price has broken below a zone of support now resistance and retested forming a bearish engulfing candle indicating a rejection and entry in my opinion. I expect price to drop until 0.73073. I suggest using good risk management as the Asian session approaches.
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