AUDUSD Daily: Yesterday price made way up to 0.7200 resistance and rejected off it closing as a long legged doji below 0.7182 resistance. New lower high has now been formed inside daily order block. I do now expect this pair to revisit 0.7150.
AUDUSD 4hr: Price is constantly rejecting off 0.7200 with spinning tops, hammers and bullish engulfing candles signalling strength at this level + it Is also at .50 Fibonacci level. It is most likely for price to rollover from this level down to 0.7150.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.