By looking at the daily chart we can see that pair is trading in a downtrend channel which is generating bearish signal and it is making successively lower lows and lower highs i.e. it’s hovering at 1 year’s fresh low of 1.7309 level. Risk-related sentiment linked to the trade war will set the tone from now on.
AUDUSD:Correction expected as bears control | Daily Fx Signal
Posted by dailyfxsignal12 228 days ago (http://dailyfxsignal.com)
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