AUDUSD – Clear bearish market condition

The AUDUSD is trading in a bearish market condition, it broke through an important LT support level around 0.9721. This is my daily chart:

For those trading using traditional technical patterns it has also completed and validated (broke the neckline) a H&S pattern.

Only short opportunities will be taken in consideration (all long opportunities will be ignored).

Trade Safe!

Raul Lopez
Forex Training

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Raul Lopez

I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .