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