AUDUSD - Simplified
20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Dear Friends: (Away from charts)
It will be prudent to give your mind, body and soul a good rest, to recharge for the new upcoming exciting year!
How I see it:
Pair remains severely bearish.
Any TP can serve as a strong enough support for a reversal
Firstly, a series of quality HL's is required
A 1D break, and body close above confluence could be a good bull signal
Keynote!
The RBA will have to intervene in some shape or form against the new $ strength.
I deeply appreciate you taking the time to study my analysis and point of view.
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Dear Friends: (Away from charts)
It will be prudent to give your mind, body and soul a good rest, to recharge for the new upcoming exciting year!
How I see it:
Pair remains severely bearish.
Any TP can serve as a strong enough support for a reversal
Firstly, a series of quality HL's is required
A 1D break, and body close above confluence could be a good bull signal
Keynote!
The RBA will have to intervene in some shape or form against the new $ strength.
I deeply appreciate you taking the time to study my analysis and point of view.
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