AUDUSD (The Swingback is in the making)

View On AUDUSD (17 Aug 2023)

AUDUSD is in
* Downtrend in short term (Intraweek)
* Downtrend in Mid term (Intramonth)
* Downtrend in Long term (Last 3 months)

AUDUSD is in the strong down trend lately but I feel that the sell down was way overdone.
So, I am expecting some sort of rebound at least toward the nearest resistant.

0.6455 shall on sight and we still need to be careful as the overall trend is down.


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