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Title
AUDUSD Potential for bearish drop towards intermediate support
Type
Bearish Breakout
Preference:
If price breaks this support right here, we can possibly see price drop from this pivot towards the intermediate support level.
Resistance will be here.
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Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.