SELLING OPPORTUNITIES ON AUDUSD

13 Mar 2022

On AUDUSD on the weekly chart after identifying our playground we recognize that the market was attempting to hit our resistance level on 0.68281. The market touched the support trade line on 0.69937 and came back to that zone on 01 Feb 2022 on the daily time frame. On the 4H time frame the market pushed to the upside breaking our resistance trade line at 0.73761 on 07 Mar 2022. The market came back and retested to the resistance trend line at 0.73638 on 10 Mar 2022 too the downside.