AUDUSD Next Likely Move
We have ourselves a break of downtrend structure and a possible change in market direction. I've made the careful attempt to mark out the possible support and resistance structures surrounding price and I'm looking to go long a little further up, at least into the previous consolidation area. Price may continue to the weekly highs but I will not chance it nor do I suggest anyone to do so.
Disclaimer
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.