Lingrid

Lingrid | AUDUSD fall from RESISTANCE zone

Short
Lingrid Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
The price perfectly fulfilled my last idea. AUDUSD bounced off the resistance zone and reached the main support level. The market is updating its swing lows. The price has broken through support levels, and it is ranging on the after impulse leg.  As you can see, the market formed a range zone and then made a fakeout. On the higher timeframes, the trend is bearish; therefore, I expect it to move down from the resistance zone. My target is 0.65000 support level.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Trade closed: target reached

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