AUDUSD: Bearish Outlook Explained 🇦🇺🇺🇸

Short

Australian Dollar / U.S. Dollar (OANDA:AUDUSD)

Updated

OANDA:AUDUSD Australian Dollar / U.S. Dollar

Head and Shoulders Multiple Time Frame Analysis Support and Resistance AUDUSD DJ FXCM Index USD dollar Forex priceaction priceactionanalysis priceactiontrading Contains image

headandshoulders mtfa supportandresistance audusd usdollar usd dollar forex priceaction priceactionanalysis priceactiontrading containsimage

snapshot

Here is the update for our yesterday's setup on AUDUSD that we discussed on a live stream.

The pair perfectly respected the underlined red resistance
and formed a head and shoulders pattern on that on an hourly time frame.

We may anticipate a further bearish continuation now.
Goals: 0.645 / 0.643

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Trade closed: target reached:

First target reached!

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