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AUDUSD: Bearish 5-0 on Quarterly Timeframe Seaking 50% Decline

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OANDA:AUDUSD   澳元/美元
AUDUSD has this strange Inverse Cup with Handle / Bearish Head And Shoulders sorta look to it, but more clearly, it has formed a very real Massive Bearish 5-0 that has been in the making for many years and it has recently tested the PCZ as resistance at the 50% retrace and confirmed it with huge amounts of MACD Hidden Bearish Divergence. If this plays out fully, then we can expect that the Australian Dollar to lose well over 50% of its value from here out.

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