AUDUSD reached a solid daily resistance. After a test of the underlined blue area, the pair started to consolidate within a horizontal range on an hourly time frame.
Its support violation is a change of character and signifies a highly probable local dominance of sellers.
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.