AUDUSD is currently in the range after moving out of the ascending channel .
The price is consolidating around psychological level 0.67000.
Price action is printing lower lows and lower close, indicating a bearish trend.
I expect a bearish move if the range zone breaks or a further consolidation until a new trend is confirmed.
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The price is consolidating around psychological level 0.67000.
Price action is printing lower lows and lower close, indicating a bearish trend.
I expect a bearish move if the range zone breaks or a further consolidation until a new trend is confirmed.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
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