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Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD H4

140
Price is following a downtrend making lower lows & highs. Price has made a lower high now, & reached a very powerful supply zone looking left. I am anticipating for price at this region to resume the overall downtrend towards the projected zones below..
Note
snapshot Daily:
Note
snapshot 1 Hour: Currently a failure to break the last higher high, showing potential signs of reversal which aligns with the daily supply region
Profound_Ambition
AUDUSDdowntrendForexSupply and DemandSupply ZoneSupport and ResistancetrendTrend Analysis

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AUDUSDdowntrendForexSupply and DemandSupply ZoneSupport and ResistancetrendTrend Analysis
Profound_Ambition

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.