AUDUSD Analysis On Weekly Time-Frame

AUDUSD could test 7600s and give a nice entry before continuing lower. I do believe this pair has a lot more space to go further lower.
A true channel breakout would suggest the price reaching 7000s, However i don't see it happening but rather just go half way/ 61.8 before we could see AUD gaining some strength again.
AUDUSDBearish PatternsdowntrendTrend Analysis

Also on:

Disclaimer