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
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