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UnknownUnicorn180388

AUD.USD - Multi-Timeframe Confluence (L) Opportunity

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
UnknownUnicorn180388 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators hallandcotrading tomhall tomhallforex AUDUSD
23
4
trendanalysis chartpattern indicator hallandcotrading tomhall tomhallforex audusd
Currency Pair: AUD.USD
Time Frame: Weekly, Daily, 4hr & 15min
Predicted Direction: Long

AUD.USD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment:
Although price has broken below the Daily horizontal support, we are still only seeing a test of the descending trendline as the RSI continues to provide divergence.
I expect strong pressure of the AUD in the coming week.
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