ShrewdCatfx

AUDUSD 4Hr Analysis, Week 4 2022

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
This Pair is in a range on the Daily TF
However, due to the bearish candle closure from last weeks weekly candle and large wick rejection from a weekly resistance zone, I anticipate this pair to attempt a breakout to the downside on the Daily
USD leading the charge due to DXY Dollar Index Market Structure and overall trend.
We have to be careful trading USD this week with FOMC on Wednesday. It is possible we may Range until then. We will see
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