AUDUSD Price at Key Level
Price at Key level for AUDUSD on H4
Daily is Neutral as price is within cloud however bullish pressure is strong, price has been breaking bull fractals.
If price breaks support and closes beyond 0.72336 - High bearish pressure possible. I would be entering short for low risk high reward on H4
If price closes above trend line, going long could be beneficial as trading with trend could mean high reward and possible breakout on Daily
Daily is Neutral as price is within cloud however bullish pressure is strong, price has been breaking bull fractals.
If price breaks support and closes beyond 0.72336 - High bearish pressure possible. I would be entering short for low risk high reward on H4
If price closes above trend line, going long could be beneficial as trading with trend could mean high reward and possible breakout on Daily
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