AUDUSD can make new lows 🦐

Actualizado
AUDUSD on the daily chart is currently testing a weekly support around the 0.7000 price area.
The price after the recent retracement at the 0.72700 started a downtrend that can continue if the break of support will happen.

How can i approach this scenario?

We will wait for the EU market open and for a potential break of structure, in that case, i will check for a nice short order according to the Plancton's academy rules.

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Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
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imagen the market is attempting the break
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imagen after the retest of the 0.5 the market looking now for a lower low
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imagen looking for the next bearish leg
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imagen moving to the support area
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Almost 2% call imagen
240minaudAUDUSDTrend AnalysisUSD

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