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FX.co ★ AUDUSD broke below trendline support! Drop incoming!

AUDUSD broke below trendline support! Drop incoming!

AUDUSD broke below ascending trendline support (now resistance). A further drop below 1st resistance at 0.73500 towards graphical swing low and 1st support at 0.73173 could be possible. Technical indicators are showing room for further bearish momentum as well.

AUDUSD broke below trendline support! Drop incoming!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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