Hold still for AUDUSD
Equilibrium is reached between bulls and bears where, for a few days, price has gone into steady range of price.
If bulls win, price will expectedly bounce between the next on the Daily support and resistance following green arrow route.
If bears win, price will supposedly show support on Monthly support zone (pink) and bounce back up towards its adjacent Daily support-turned-resistance zone following red arrow route.
If bulls win, price will expectedly bounce between the next on the Daily support and resistance following green arrow route.
If bears win, price will supposedly show support on Monthly support zone (pink) and bounce back up towards its adjacent Daily support-turned-resistance zone following red arrow route.
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