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.
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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.