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R-L-A

Bearish Descending Triangle on Daily Chart

Short
Australian Dollar / U.S. Dollar (PEPPERSTONE:AUDUSD)  
R-L-A  
PEPPERSTONE:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
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0
trendanalysis harmonicpatterns chartpattern
AUDUSD has been making Bearish Descending Triangle on daily chart and It has a possibility of breaking down but it should be keep in mind that it can also break up. However the possibilities of breaking up is quite low. Besides, we have also a lot big news coming today from USA which can really boost up the speed and we can see also a lot of choppy movement before Breaking Down or Up, so don't enter a trade without a strong confirmation.
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