KarYong

AUDUSD: Several confluence in the zone

Long
FX:AUDUSD   Dollar Australien/Dollar Américain
We have two advanced pattern forming, at the same time a structure zone as well as an upward trend line.

With all this inline, we might potentially see price bounce back up to 0.7785 level or even higher towards the 0.7840 region.

A break below all these confluences will however confirmed that the bearish trend is still very much intact.

I would love to hear your opinion, feel free to comment, agree or disagree.

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KY

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