"AUDUSD continues the down move" 4H Analysis by ThinkingAntsOk
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4 Hour Chart Explanation:
- Price bounced on the Resistance Zone and broke the Ascending Channel. - Bearish Divergence on MACD. - Price is, currently, on a lateralization. - We expect price to move down towards the Support Zone at 0,6885.
However, we are still long in our Daily and Weekly Chart Analysis.