Greetings Forexia Family, lets break down the analysis on AUDUSD. As we can see in the below image that the pair has been trending up as well as approaching the “resistance” zone where most of the people are going to sell.
Within that macro uptrend we can see induction downtrend.
I am believe the pair has more potentials to go bullish.
PLEASE USE PROPER MONEY MANAGEMENT.
USE THIS ANALYSIS AS A TOOL.
Trade went the against the analysis.