Analysis: AUDUSD Trends and Support Levels
Hello Everyone,
We've reached the lows of AUDUSD across the 1-day, 1-week, 1-month, and 3-month time range. Presently, the trend indicates a strong bearish sentiment. However, despite this bearish tone, on higher timeframes, AUDUSD appears to be maintaining a neutral stance and isn't oversold. We could either witness a reversal from this current position or a comprehensive test of the 1Y support structure. We've outlined a detailed support structure across different timeframes to gain a clearer understanding of the ongoing situation.
TradeWithTheTrend3344
We've reached the lows of AUDUSD across the 1-day, 1-week, 1-month, and 3-month time range. Presently, the trend indicates a strong bearish sentiment. However, despite this bearish tone, on higher timeframes, AUDUSD appears to be maintaining a neutral stance and isn't oversold. We could either witness a reversal from this current position or a comprehensive test of the 1Y support structure. We've outlined a detailed support structure across different timeframes to gain a clearer understanding of the ongoing situation.
TradeWithTheTrend3344
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.