AUD/USD |Technical Analysis| 1H
✅ AUD/USD✅
Price has rejected the higher time frame resistance level for the third time, if we see a break of the trend line we can expect bearish price action from there. All we need to now to verify this entry is a break of the trend line followed by a break + retest of lower timeframe support as demonstrated above.
Price has rejected the higher time frame resistance level for the third time, if we see a break of the trend line we can expect bearish price action from there. All we need to now to verify this entry is a break of the trend line followed by a break + retest of lower timeframe support as demonstrated above.
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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.