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AUD/USD On a Critical Zone by ThinkingAntsOk

Dollar Australia / Dollar AS (FX:AUDUSD)  
ThinkingAntsOk  
FX:AUDUSD   Dollar Australia / Dollar AS
Trend Analysis Support and Resistance Multiple Time Frame Analysis aud USD AUDUSD LONG short analysis setup
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trendanalysis supportandresistance mtfa aud usd audusd long short analysis setup
🔸 DAILY CHART EXPLANATION:
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🔸 Price is on a strong Uptrend and now it is facing the Resistance Zone.
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🔸 In case price bounces, it can make a downside move towards the Support Zone, however, we will wait for a breakout of the Ascending Trendline first.
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🔸 And, in case price breaks the Resistance Zone, then the target of the movement will be the Descending Trendline.
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🔸 Will look for a lower timeframe setup when the direction is clear.

🔸 4H CHART ANALYSIS:

snapshot

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