5mins , 15mins, 30mins and 1hr time frame holds an incoming sell signal/ down trend for a short while it is supporting the weekly timeframe where price action will give bears authority over the market for a long period of time. The bulls are trying to push price upwards to get more traders on the side but the long term war will be won by the bears with a single swipe downwards with the weekly timeframe.
The bulls have the support of only the 4hr chart which will be exhausted by the end of this trading week. Follow to get more updates on AUDUSD.
The bulls have the support of only the 4hr chart which will be exhausted by the end of this trading week. Follow to get more updates on AUDUSD.
