AUDUSD Continues Downtrend with High-Probability Weekly FVG
AUDUSD has maintained a strong downtrend, recently wicking into a weekly Fair Value Gap (FVG) that previously broke structure, confirming this FVG as high-probability. The recent close below the weekly FVG reinforces a bearish bias, indicating that sellers are still in control.
The next target for this move is the sellside liquidity at 0.63541. This setup aligns with the prevailing trend, making it a high-probability continuation to the downside.
Always remember: DYOR (Do Your Own Research).
The next target for this move is the sellside liquidity at 0.63541. This setup aligns with the prevailing trend, making it a high-probability continuation to the downside.
Always remember: DYOR (Do Your Own Research).
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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.