"AUDUSD continues the down move" 4H Analysis by ThinkingAntsOk
94
4 Hour Chart Explanation:
- Price bounced on the Resistance Zone and broke the Ascending Channel. - Bearish Divergence on MACD. - Price is, currently, on a lateralization. - We expect price to move down towards the Support Zone at 0,6885.
However, we are still long in our Daily and Weekly Chart Analysis.
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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.