AUDUSD, failed to make a new high.
AUDUSD / 1D
Greetings, traders! Welcome back to another market analysis.
The AUDUSD pair has been following a bearish trend, with the price indicating signs of breaking out from a channel. This breakout suggests the possibility of further down movement. I intend to consider entering positions at lower higher prices following confirmation of the lower time frame during the next pull-back phase.
Trade safely,
Trader Leo
Greetings, traders! Welcome back to another market analysis.
The AUDUSD pair has been following a bearish trend, with the price indicating signs of breaking out from a channel. This breakout suggests the possibility of further down movement. I intend to consider entering positions at lower higher prices following confirmation of the lower time frame during the next pull-back phase.
Trade safely,
Trader Leo
Comment:
No breakout, no trader
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