DeGRAM

DeGRAM | AUDUSD short opportunity from channel border

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD recently made a double bottom support level and broke and closed below it.

The price broke and closed below the ascending channel as well, indicating a trend shift.

The market is consolidating on the 4H timeframe, and price likely will retest the support by creating an equal, measured move.

We expect a bearish move.



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