Hi everyone,

Please see attached my AUDUSD 4H chart analysis.

As we can see price has entered a downtrend creating lower highs and lower lows in which it is forming a descending wedge.

I will be watching this closely in the coming hours/days to analysis price to see if we can se a potential break out.

I am expecting price to continue to the downside before rising up and breaking the wedge and then we should see a continuation to the upside but add this to your watchlist.

DWFX
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian