SHORT AUDUSD
Since 17 March price has been between 0.59760 and 0.56500.
0.56500 is a zone of support for this pair, and once more, price respected it (even if not perfectly).
Since the touch on 0.56500 support zone,price has been going up to the 0.59750 zone.
Since 24 March(last 2 days) price has been struggling to break above this area(price loses momentum every time that touches this zone).
On daily timeframe we have both a shooting star and a hanging man candle formed on this last two days.
Wait for confirmation and then go short.
0.56500 is a zone of support for this pair, and once more, price respected it (even if not perfectly).
Since the touch on 0.56500 support zone,price has been going up to the 0.59750 zone.
Since 24 March(last 2 days) price has been struggling to break above this area(price loses momentum every time that touches this zone).
On daily timeframe we have both a shooting star and a hanging man candle formed on this last two days.
Wait for confirmation and then go short.
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