Supportive Line Violation +failure to test a major Resistance Line: Intratrend Reversal (Long Term Downtrend in red)
Pullback to retest 2018 Resistive Trendline (Red)
Resistive Trendline Break Sell on Pullback and bearish confirmation
Sell off the 4H (Since 8th of March) Uptrend channel line
Major Resistive Trendline Broken Trend Reversal Pullback Possible Easing in the commodity markets
Structure Analysis Sell on breakout
Strong Resistive Trendline on Weekly/Daily 4H Resistance Line Overbought on 4H
Strong Resistance Previous Rejection
AUDUSD failure to capitalize on broken resistive trendline and further decline Testing a major supportive channel line RBA to likely cut rate
Medium Term Trend to reverse if the Major Supportive Trendline (red) stands BUY on Minor Resistive Trendline (blue) break
Resistive Turned Supportive Trendline Short Term Weakness in USD
Resistive Trendline Trend Reversal on its break Possible Easing of Sino-American Trade Tensions in the Short Term
Supportive Trendline 1D Trend Continuation 4H Medium-Term Trend Reversal Possible Easing of Sino-American Trade Tensions in the Short Term
Continued weakness in USD Uncertainty in Trade Negotiations
Supporting Trendline Break=> Selling Opportunity on Pullback Trade Uncertainty => stronger JPY
Overbought Conditions (RSI) Strong Resitance
Either continued uptrend after rebound is completed or a rising wedge in the forming