AUDUSD: Bearish Flag Breakout

AUDUSD is in a strong bearish trend. After looking at the weekly and monthly charts we are only looking at selling
opportunities.

We have seen the following reasons for looking to sell:

1: Bearish flag breakout.
2: Trendline breakout.

We are looking to take an entry at the retest of the trendline.

İşlem aktif

Yorum:

A lot of consolidation. We might end up close this trade as it seems both currencies are of similar strength at the moment which is causing this range.

İşlem kapandı: hedefe ulaştı:

Price shot down several weeks later.