"AUDUSD facing a strong Support Zone" by ThinkingAntsOk
4H Chart Explanation:
- Price is in a 4H range since May, between the Resistance and the Support Zone.
- It bounced in the bottom of the range.
- Price broke the Dashed Descending Trendline.
- If price breaks 0.6905, it has potential to move up towards the Resistance Zone at 0.7035.
Our Weekly and Daily Analysis support this idea! Also, our last prediction on AUDUSD was really accurate. Check it on the Related Ideas!
Weekly View:
Daily View:
- Price is in a 4H range since May, between the Resistance and the Support Zone.
- It bounced in the bottom of the range.
- Price broke the Dashed Descending Trendline.
- If price breaks 0.6905, it has potential to move up towards the Resistance Zone at 0.7035.
Our Weekly and Daily Analysis support this idea! Also, our last prediction on AUDUSD was really accurate. Check it on the Related Ideas!
Weekly View:
Daily View:
