This is my Setup for AUDUSD. This trade is 1 - 4 risk reward ratio. SL : 0.68400 TP : 0.69200 Share your ideas.
Is currently on congestion zone. If it touches the Resistance level it's gonna fall.
This is my second analysis, leave a comment.
Looking at it from a weekly time frame, this is only a retracement to the upside, after it touches the yellow line, long term sellers will start entering the market.