We can see a down trend on multiple time frames when you plot the 20 MA Vs 100 MA.
AudUsd is not trading along the 100 MA which may seems to be a rejection zone for bulls to come.
Our overall view on Aud remains bear and specifically on audusd. As long the price remains below 0.7160 region, we are bearish.
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AudUsd is not trading along the 100 MA which may seems to be a rejection zone for bulls to come.
Our overall view on Aud remains bear and specifically on audusd. As long the price remains below 0.7160 region, we are bearish.
Do also catch us on our Instagram for more updates
www.instagram.com/traders.article/