Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
AUDUSD Approaching a strong support and demand zone, so, what!
As we ca see price rejected our upper resistance zone and traded lower
For now, price is trading inside this Falling channel.
As the price will be approaching the lower demand zone and support lining up with lower bound of the channel
Where we will be looking for new longs as well as a correction movement then as the price approaches the lower falling trendline we will be looking for trend-following sell setups
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!