AUD/USD: ANALYSIS, THEORY

Support level has been tested many times and has maintained the level of difficulty to break through, as you can see the market is creating more lower lows influencing the fact that a down trend could occur. I believe that the AUD/USD pair will retest up towards structure levels and drop down to make a new low. The starting point has a confluence of 0.618 where I think will be tested. The descending trend line shows another type of support to an upcoming retest.

Operación activa

Operación cerrada: precio stop alcanzado