AUDUSD 1hrly, the influencing price High here is 0.61555 (01 Apr '20) , so price 0.61097 is important for a bearish continuation; making a possible cross between orange 9MA and the Red 50MA for a confirmation, -but, the 200MA which is purple indicates that this needs monitoring.


If price would rises to break above dsl line then the set-up will be invalid
Supply and DemandSupport and ResistanceTrend Analysis

Penafian