why audusd remains bearish? reasons behind it.
The way I see audusd is bearish trend? Why? Yesterday it broke below MA 50 with huge moment, which it was bearish engulfing candle (blue circle).
Second reason is macd cross downward and the current value is below 0 (yellow circle). 3rd reason is the future cloud just started into bearish. Senkou a is pointing lower and it is below senkou b (red circle). My personal target is the area with the blue color rectangle.
Trade well and wisely
Second reason is macd cross downward and the current value is below 0 (yellow circle). 3rd reason is the future cloud just started into bearish. Senkou a is pointing lower and it is below senkou b (red circle). My personal target is the area with the blue color rectangle.
Trade well and wisely
