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HashamARehman

AUDUSD - Another bearish leg expected as price is reaching .7330

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
HashamARehman  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Candlestick Analysis Rectangle pat buyaudusd HAR patadmin hashamarehman AUDUSD longaudusd
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trendanalysis candlestick rectangle pat buyaudusd har patadmin hashamarehman audusd longaudusd
This is Aussie/Dollar Daily chart and as we can see, this market is in long term down trend and price has pulled back towards the trend zone which is also a broken old support near 0.7330 and now we can expect that market will turn and resume in trend direction once again. We have good confluence factors here aligning such as trend, trend level 0.7330 and dynamic resistance layer all centering at on point. we are not waiting for bearish price action sell short signal to enter with the trend. let's see how market price action develops. safe trading everyone!
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