Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD short (rejection of weekly m formation neckline)

40
Monthly:
- expecting deeper retracement into the monthly support
snapshot

Weekly:
- over extended "M" formation
- test and possible rejection of neckline also a former support now resistance
snapshot

Daily:
- marked up area of interest
snapshot

4hr:
- entry on break and retest of structure
- confluence between 0.618 and 0.5 fib
snapshot
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