AUDUSD - Possible Outcomes

7일 전

20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines

Dear Friends: (Away from charts)
It will be prudent to give your mind, body and soul a good rest, to recharge for the new upcoming exciting year!

How I see it:
Weekly candle body closed below 1W HL Support!
It could be a fake-out or it could signal a further
decline for stronger support
There is also a chance of just a reversal from this point,
or at least a strong attempt.

Keynote!
Alot of data this week. Trade safe as the year is coming to an end.

I deeply appreciate you taking the time to study my analysis and point of view.