AUDUSD Will it break the trendline?
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AUDUSD we can see that:
1. Daily candle closed below the resistance
2. On 4h timeframe price making a double top
3. We have a broken resistance and now support which is it's a market structure too.
4. We are also in the quarter theory level.
So we are still on the bullish move but, if price break the trendline it probably will change the direction to make a deep correction or pullback.
So we only can wait, what's gonna be happend.
1. Daily candle closed below the resistance
2. On 4h timeframe price making a double top
3. We have a broken resistance and now support which is it's a market structure too.
4. We are also in the quarter theory level.
So we are still on the bullish move but, if price break the trendline it probably will change the direction to make a deep correction or pullback.
So we only can wait, what's gonna be happend.
Nota
Penafian
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