Get started
ThinkingAntsOk

AUD/USD Long Term View by ThinkingAntsOk

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ThinkingAntsOk  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Support and Resistance Supply and Demand aud USD AUDUSD LONG TERM view analysis signal dollar
12
0
trendanalysis supportandresistance supplyanddemand aud usd audusd long term view analysis signal dollar
🔸 WEEKLY CHART EXPLANATION:
.
🔸 Price is on a Downtrend.
.
🔸 We observe that was rejected at the confluence zone between the Descending Trendline and the Resistance Zone.
.
🔸 If it breaks to the upside then the bullish scenario would be active, and the target of the move is the Resistance Zone. And, if price continues to the downside, then it has potential to reach the Support Zone.
.
🔸 Will look for lower timeframe setup.

🔸 DAILY CHART ANALYSIS:

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.