ðĶ AUD/USD Continues Declines According to the Scenario
ðĶ Nearest strong support zone: around the 0.382 fibo level of the declining wave.
ðĶ Nearest strong resistance zone: around recent peaks.
ðĶ Technical environment:
ð Moving averages: 50/50
ð MACD: Downtrend
ð RSI: Downtrend
ðĶ Price action: AUD/USD continues to execute the downtrend scenario that I wrote about yesterday, looking at the formations a retest of the support zone could happen next week
ð The scenario I am playing is the continuation of the declines. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.
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