๐ Analyzing **FDUSD** across multiple timeframes: **22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.
๐ FDUSD appears to be in a downtrend and showing signs of further decline. If the key support level fails to hold, we may see an extended drop.
๐ป Key Levels to Watch: ๐น **Immediate Support:** Key demand zone holding price. ๐น **Resistance Levels:** Any bounce should be monitored for rejection zones.
๐ Stop Loss should be placed above key resistance levels to manage risk.
๐ We are using trend analysis, volume confirmation, and price action to identify this setup.
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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.