This is a great oppoturnity for sell for AUDUSD pair. The price currently hitting the daily Supply Zone and returning to the downside. However, maybe little retracement to the m15 supply zone may occur. The bearish formation may occur at least until they meet the m15 demand zone. This zone still not too strong for fully bullish chart. My opinion is it will go bearish until the h4 demand zone and retrace back to D1 supply zone and go bearish all the way. Also, my second opinion is it continue bearish until it meet the next h4 demand zone.
Commentaire:
Put on our watchlist for this pair. See if the price break the demand zone and making swap zone there.
Commentaire:
Price gain support from m15 demand zone. Currently hitting the Daily Supply Zone and making bearish engulfing on H1 tf. This is a great watchlist and we may focus on sell.