AUD/USD looking to test back down to lower range.
-Been trading in range for the past 1 year or so, marked in turquoise line.
-Under 200EMA, bearish bias.
-50EMA above 20EMA and pointing downwards, rather bearish bias.
-Looking to short back to lower range, breaching pink support level might take partial profit each time it hits the pink support and more partial profit at orange finally at turquoise support line.
-Under 200EMA, bearish bias.
-50EMA above 20EMA and pointing downwards, rather bearish bias.
-Looking to short back to lower range, breaching pink support level might take partial profit each time it hits the pink support and more partial profit at orange finally at turquoise support line.