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AUDUSD M30: Bearish outlook seen, further downside below 1.0040

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Dollar Australia / Dollar AS (VANTAGE:AUDUSD)  
T3-Consultancy  
VANTAGE:AUDUSD   Dollar Australia / Dollar AS
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD aud USD audusdlong audusdshort Forex forextrading
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trendanalysis harmonicpatterns chartpattern audusd aud usd audusdlong audusdshort forex forextrading
On the M30 time frame, prices are facing bearish pressure from the resistance zone at 0.68500, in line with the Fibonacci confluence levels where a pullback to this zone could present an opportunity to play the drop to our next support target at 0.6780. Prices are holding below the Ichimoku cloud as well supporting the bearish bias.
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