AUD/USD Price Analysis: Bears could be about to pounce

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AUD/USD Price Analysis: Bears could be about to pounce
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AUD/USD Price Analysis: Bears could be about to pounce AUDUSD Technical Analysis

The bearish pennant is a compelling feature across the weekly and daily time frames. The bearish engulfment, BE, on the last 4-hour candle could be the catalyst for a firm break of structure for the opening sessions near 0.6661 with 0.6625 eyed below there guarding the 0.6550s. Information on these pages contains forward-looking statements that involve risks and uncertainties.

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