• AUD/USD 4H TIME FRAME CHART

Market news

9 November 2017

AUD/USD 4H TIME FRAME CHART

As we can see on 4 hours time frame chart, the price has been created a downside trend line.


During the night of today it was possible to see that the price has tested the trend line several times which means that the price can start a new bearish movement until 0.7638 which is our support level (yellow line).


Besides that, if the price breaks that support level so we can expect a bigger depreciation of Australian dollar.


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