Get started
MI5

AUDUSD - Daily chart analysis

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
MI5  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Forex Technical Analysis
10
1
trendanalysis chartpattern forex technicalanalysis
Starting off with AUDUSD, a lot of AUD pairs seem to turn bearish.

Here's why I don't see a breakout to the upside on the daily chart: 1) a lower high and a rejection from the resistance 2) looking weak around the 100 EMA 3) Friday's candle close below the 20 EMA and the support line.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.