AUDUSD: Top-Down Analysis & Trading Plan 🇦🇺🇺🇸

https://www.tradingview.com/x/6QkBzaNo/

AUDUSD is currently consolidating within a wide horizontal range on a daily.
The price is approaching a support of the range at the moment.

I spotted one more range on a 4H time frame.
A breakout of its resistance can be a good confirmation to buy the pair.

4H candle close above 0.6405 will confirm the violation.
A bullish move will be anticipated to 0.6437 / 0.646 levels then.

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AUDUSDaustraliandollardollarForexMultiple Time Frame AnalysisParallel ChannelRectangleTechnical AnalysistradingUSDDJ FXCM Index

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