AUDUSD - Very bearish for the Aussie Dollar!
Very bearish for the AUDUSD. The Aussie dollar is coming under pressure.
Breakout from the aqua colored symmetrical triangle to the downside. Note the AUDUSD was already on a secular long term down trend (under the red downtrend line).
Potential price target of red arrow at 55 cents, or worse still the 48 cent target of the early 2000s (green arrow).
Breakout from the aqua colored symmetrical triangle to the downside. Note the AUDUSD was already on a secular long term down trend (under the red downtrend line).
Potential price target of red arrow at 55 cents, or worse still the 48 cent target of the early 2000s (green arrow).
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