of AUD/USD on the 4-Hour Timeframe: The chart highlights a key H4 Resistance Becoming Support (RBS) zone at 0.62896, where traders are advised to wait for confirmation before entering a trade. An A+ buying level is identified around 0.61790, suggesting strong demand in this zone. If the price holds above the H4 RBS, it may aim for the next resistance zone at 0.64412. The chart outlines potential bullish scenarios with upward price targets, emphasizing disciplined trading decisions for optimal entry.
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fxforever
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.