AUD/USD May Continue to Fall
#trading_idea 💡
💸Pay Attention to #AUDUSD!
On the 4H chart, A possible ABCD pattern forming downward is visible. The price is below the MA(50), while the RSI is also below the 50 line. The Dollar Index is showing a strong uptrend, causing pressure on all major pairs today.
🔽If the price goes under 0.65377, we may see the decline to support 0.65138 or 0.64832.
🔼Overwise the price may back to resistance at 0.65691 or 0.65995 .
🟢 Click "👍" if you think the price will rise and "👎" if you think it will fall.
💸Pay Attention to #AUDUSD!
On the 4H chart, A possible ABCD pattern forming downward is visible. The price is below the MA(50), while the RSI is also below the 50 line. The Dollar Index is showing a strong uptrend, causing pressure on all major pairs today.
🔽If the price goes under 0.65377, we may see the decline to support 0.65138 or 0.64832.
🔼Overwise the price may back to resistance at 0.65691 or 0.65995 .
🟢 Click "👍" if you think the price will rise and "👎" if you think it will fall.
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