USDAUD - Sell or a little buy and then sell?

The market had touched the purple trend line and as it had to be, the market went short. Now the market hast touched an old trendline -the yellow one-, so It's possible that the market goes completely down or that the market follows his trend and when it touches the point 1.344 goes back down. In the end, fundamentals will decide what will happen. The prognoses of the fundamentals will be more clear tomorrow. In my opinion the market will follow the green arrow that I have drawn.

Yorum:

be careful, because that's USAUD and not AUDUSD

Yorum:

you have to reverse it ;)