AUDUSD,🟢Is it bullish in the long term? (Details on caption)🟢

Well by examining the AUDUSD weekly chart we can figure out the market structure shifted after pairing the smart money buy orders on the mean threshold of the weekly bullish order block.

Then the price rose to the bearish rejection block which formed below the buyside liquidity and the price dropped to grab the liquidity below the equal lows and reached the weekly bullish order block.

Now, we can expect the price to rise from here or it may move down more and have a bullish reaction to the mean threshold of the weekly bullish order block.



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🗓️09/02/2024
🔎 DYOR

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