AUD/USD Still Bearish

As I mentioned last week...the bears are still in control of this pair and we have finally seen that the downtrend has gotten stronger as the month comes to a close in the next two days.

The day time frame has finally broken structure as expected to create a new low on Friday 11/26/2021...the daily support line at 0.71047 will no offer any barriers to stop the momentum as the price heads to the weekly support at 0.70008 where it is expected to continue downward.

In any event this pair is still set up for some great sell opportunities...Trade cautiously and always do your analysis.

Have a great trading week!