AUDUSD 4H Consolidation
Price is currently consolidating. Which means it could break to either side. However, there was lot of weakness to the dollar at the close of last week.
In addition to that, there a lot of room for upside movement, based on price action. Price has not yet visited the break of previous structure. However, either way, break to the upside or downside, I will be looking for a break and retest of the consolidation zone before getting in.
In addition to that, there a lot of room for upside movement, based on price action. Price has not yet visited the break of previous structure. However, either way, break to the upside or downside, I will be looking for a break and retest of the consolidation zone before getting in.
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