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DeGRAM | AUDUSD retracement

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Dolar Australia / Dolar A.S. (FX:AUDUSD)  
DeGRAM  
FX:AUDUSD   Dolar Australia / Dolar A.S.
Trend Analysis Chart Patterns Support and Resistance audusdsignal audusdanalysis
20
7
trendanalysis chartpattern supportandresistance audusdsignal audusdanalysis
AUDUSD is trading in a downward channel. On the daily timeframe, the market reahced a major support level.

The market attempted to break the psychological level at 0.67000 but failed.

Price tested the support level two times, potentially creating a double bottom .

We expect a retracement from the support level.


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