MarketBreakdown | AUDUSD, EURAUD, US100, CHFJPY

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Here are the updates & outlook for multiple instruments in my watch list.

1️⃣ #AUDUSD daily time frame 🇦🇺🇺🇸

The pair has completed a bullish accumulation and violated
a resistance line of a horizontal range on a daily.
A new higher high higher close confirms a strong bullish sentiment
and a highly probably continuation of an uptrend.

2️⃣ #EURAUD daily time frame 🇪🇺🇦🇺

The price has recently violated a significant daily support cluster.
After a breakout, the price dropped but did not manage
to reach any important demand zone so far.
The closest one is based on 1.742 level.
It will most likely be the next goal for the sellers.

3️⃣ #US100 daily time frame

The market is currently retesting a recently broken
massive daily demand cluster.

I believe that the growth will resume soon
and the price will reach 20300.

4️⃣ #CHFJPY daily time frame 🇨🇭🇯🇵

The pair is currently testing a critical contracting demand
zone based on a rising trend line and a horizontal support.

I will expect a strong bullish reaction to that.

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