✅AUDUSD's Situation: What Shall we Expect ?

9 May 2023

The AUDUSD currency pair is in a bearish phase by reaching a PRZ zone.

🌟 bearish signals in the PRZ area are:
- Resistance zone
- Pivot R1 weekly
- The top of the channel area

📍 and the downward signals of market momentum are:
- Divergence in MACD
- RSI trend line break
⭐ Note that the price has reached the PRZ zone and the entry will be activated when the upward trend line is broken in the 1-hour time frame or the candlestick trigger. On the other hand, if the PRZ is broken upwards with the strength of bullish candles, this analysis of ours will be failed.


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