Sunday Dec. 3 AUDUSD Analysis

3 בדצמ׳ 2023

Keeping everything short Aussie Dollar is at two levels of resistance on minor structure. On major structure price is at a level of resistance, The Red Monthly TL. I am watching two levels above and below price. The above level is the High made on Wednesday. The below level is an 1H Imbalance. I have alerts on these two areas with a break above/below followed by a retest of that zone/price that would give me more of a clearer indication of where price would like to go.