AUDUSD consolidating. Wait for a break
AUDUSD
Fist time we see it closing below asia open, not suggesting a possible reversal but market has started consolidating after a touch on the weekly supply demand. Clearly on a consolidation on htf at the moment and trading inside bar on daily tf (switch to daily chart)>
1h & Weekly.
1h & 4h current consolidation range. A break of this htf range could show where we will likely go.
Fist time we see it closing below asia open, not suggesting a possible reversal but market has started consolidating after a touch on the weekly supply demand. Clearly on a consolidation on htf at the moment and trading inside bar on daily tf (switch to daily chart)>
1h & Weekly.
1h & 4h current consolidation range. A break of this htf range could show where we will likely go.
