Therezavni

Waiting for the descent

Short
FX:AUDUSD   Dollaro australiano / Dollaro

A completely downward slope is seen and the inclination is increasing and the ascent power is not seen. With a little ascent, we see a rapid rejection.

If we look at the cyclic, after the advancing phase, it has been in the distribution phase for some time, which shows that the MA50 tends to decline, and between 20 and 50, a cross has occurred. There are reasons for the fall phase to begin.

If the current support breaks, it is possible that the fall phase will start.
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