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Rayyan_2805

AUDUSD Following Trend Channel

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Rayyan_2805 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Possible short for AUDUSD. The price has been respecting this trend channel for the last few weeks and we should see further continuation of the trend towards the next minor support within the channel. Due to the incoming strength from fundamentals I am expecting the Aussie dollar to gain significant strength thats why I'm predicting this price to go up after hitting the minor support and to also break the trend channel. Keep an eye out as I will be following this pair closely. The price has also been moving below the 200 and 50 EMA indicating a short bias. AUDUSD
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**IN PROFIT**
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**SPOT ON**
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