AUD/USD:SELL From Accumulation Pattern for SHORT Setup

AUD/USD is inside a Bearish channel, in the last session the price is struggling inside a accumulation pattern where, following the main trend ( Downtrend ), the price could explode with a breakout of the local support to continue its rally in the lower side of the chart. As you can see the stochastic is approaching the oversold value and our Target price should be 0.61500 .The Ichimoku forecast is still Bearish and all the clues are in the bearish side favor.

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