AUDUSD Testing Flip Zone and Broken Support Trendline
2019-11-16 13:30:19
A short trade may be possible next week as price is evidently testing two breakout points. The support trendline was broken as well as the horizontal support zone. Both seem to be being retested. 38.2 fib level is yet to be clearly rejected. Best to wait to see how next week plays out before considering going short.