AUDUSD
Timeframe: D
Technical Analysis: The price has formed a trend confirming "Triangle" formation in the downward trend started in the beginning of 2018th. As the main breakthrough of the formation around the 0.7000 levels through the Hong Kong session with the gap due to the increased sentiment risk around the US-China Trade War.
Indicators: The price is below 50, 100 and 200 DMA, which supports bear scenarios, as well as ADX in the SELL formation.
Entry: Aggressive entry at current prices 0.6980, as conservative traders can wait for a gap filling.
SL: 0.7200
Alternative Scenarios: If the price goes above the formation area, we may see a trend shift and a re-test of 0.7200
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