VictoorFx

AUD/USD Short read description.

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Thia pair has been inside a channel since 20th october and the price has reached the top line.
That may result in a down movement. Furthermore, the MACD and RSI show that there exist a divergence that also may cause a down movement.
Main trend is bearish and it may go down.
There are many proofs to say the price is going to fall and there is no any proof to say the price is going to go up.
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