AUDUSD: Trading Plan For Next Week 🇦🇺🇺🇸

snapshot

AUDUSD is testing a solid horizontal supply area on a daily.
To catch a bearish movement from that with a confirmation,
watch a horizontal range on 1H time frame.

If the price breaks and closes below the support of the range on 1H,
I will expect a bearish continuation.

Next goal will be 0.656.

Remember, that if the price breaks and closes above the resistance of the range,
the setup will become invalid.

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AUDUSDaustraliandollardollarDouble Top or BottomForexMultiple Time Frame AnalysispriceactionpriceactionanalysisSupply and DemandUSDDJ FXCM Index

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