AUDUSD STRUCTURE

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AUDUSD STRUCTURE AUD/USDOANDA:AUDUSDPintu_sahu01The Audusd has broken below its ascending trendline and has since pulled back to retest the broken support level, which is now acting as resistance. Price is currently trading beneath a key resistance zone and is showing signs of bearish pressure. Following a period of consolidation around this area, the pair is expected to continue its decline toward the highlighted support levels. As long as the pair remains below the resistance zone, the downside bias will remain intact. "Thank you for your support! If you found this idea valuable or learned something new, please consider liking and leaving a comment. I’d really appreciate hearing your feedback and thoughts."