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AUD/USD SENDS CLEAR BEARISH SIGNALS|SHORT

Short
Dollar Australien/Dollar Américain (FX:AUDUSD)  
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FX:AUDUSD   Dollar Australien/Dollar Américain
Trend Analysis Chart Patterns Wave Analysis AUDUSD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

AUD/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.656 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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