AUDUSD Short-term bearish outlook

Viewpoint: The first possibility of a decline in the value of the Australian dollar against the US dollar to profit levels

Сделка активна:

According to the previously mentioned possibilities, the price reached the supply area and we should wait for the confirmation in this area of 0.64810. The first possibility in case of a return from this area will be a further decrease to the level of the overlap of the support of 0.63826 with the demand area.
The second possibility, in case of breaking the supply area of 0.64810, the price will move towards the overlap of the resistance in the daily time frame with the supply area of 0.65950.