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KronFX
May 29, 2023 5:52 PM

AUD/USD - technical analysis -1h - TF 

Australian Dollar/U.S. DollarFXCM

Description

on the 4h trading interval, we can see that we are dealing with a decreasing orderflow, but if we look at the 1h trading interval, we can see more details, such as a change in character, as well as a confirmation of an intermediate orderflow will continue to grow

Comment

the first move was respected, even if later the price dropped, and now we can see a reaction from the supply area
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