AUDUSD PRICE AT RESISTANCE CAN BEARS MAINTAIN CONTROL?

Hey traders,

A continuation of my analysis of AUDUSD so far.

Price retraced in the midst of the current down move last week, before reaching resistance currently.

Bulls struggled to push price down and it seems like Bears are still in control for the medium term.

If we can get a strong bearish close tomorrow, it only further confirms the downtrend.

Simple price action and analysis.

Last week:
AUDUSD SHORT OPPORTUNITY - BREAK OF CONSOLIDATION TRIANGLE


AUDUSD DAILY ANALYSIS - PRICE HAS BROKEN TO THE DOWNSIDE



AUDUSDaudusdsetupaudusdshortaudusdshortsetupChart PatternsHarmonic PatternsTrend Analysis

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