AUDUSD Possible sell zone!!
Currency Pair : AUDUSD
Possible direction : Bearish
Multiple-timeframe Analysis : Daily : Price has just tested the daily 20EMA and has broken toward downside forming a daily MIDDLE MAN which may continue to drop as long term trend is down
Monthly: There is strong rejecjction from the resistance level.
Weekly: Pirce already tested the weekly resistance level and rejected from upper wick of the weekly doji.
4H: Price currently is in pullback and may start dropping from 20EMA to merge with it's long term down trend
Possible trade recommendation : Bearish as per chart sketch
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Possible direction : Bearish
Multiple-timeframe Analysis : Daily : Price has just tested the daily 20EMA and has broken toward downside forming a daily MIDDLE MAN which may continue to drop as long term trend is down
Monthly: There is strong rejecjction from the resistance level.
Weekly: Pirce already tested the weekly resistance level and rejected from upper wick of the weekly doji.
4H: Price currently is in pullback and may start dropping from 20EMA to merge with it's long term down trend
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
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