AUDUSD

Huge upside momentum however we look for the break to the upside at the weekly mid level up to the fib 50 level (red line) and then we anticipate a massive fall to the downside with good risk reward.

we will be patient until there is confirmation of a failed attempt on the weekly mid or the reversal around the upward channel boundary / fib 50

overall short!
analysisaudusdshortBeyond Technical AnalysisChart PatternsprofitTrend Analysis

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