AUDUSD Bull x Bears Tag of war
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**Market Analysis: Daily & H4 Timeframes**
### Daily Timeframe:
On the Daily timeframe, I’m noticing that the price is bouncing off a **resistance turned support** around the **0.6200** zone. This could suggest potential for further upside.
- The **next resistance** level to watch is around **0.6300**.
- However, if we see a **close below 0.6281**, I believe this could open the door for the bears, potentially pushing the price towards the next support at **0.6142**.
### H4 Timeframe:
On the H4 chart, the price is bouncing off a potential support level around **0.6393**. If we see a **close below 0.6190**, it could lead to a further drop towards **0.6142**.
### Key Levels to Watch:
- **Support**: 0.6200, 0.6190, 0.6142
- **Resistance**: 0.6300, 0.6350
At the moment, I’m focused on the possibility of a move towards **0.6350** if the bulls manage to keep pushing higher.
---
**Market Analysis: Daily & H4 Timeframes**
### Daily Timeframe:
On the Daily timeframe, I’m noticing that the price is bouncing off a **resistance turned support** around the **0.6200** zone. This could suggest potential for further upside.
- The **next resistance** level to watch is around **0.6300**.
- However, if we see a **close below 0.6281**, I believe this could open the door for the bears, potentially pushing the price towards the next support at **0.6142**.
### H4 Timeframe:
On the H4 chart, the price is bouncing off a potential support level around **0.6393**. If we see a **close below 0.6190**, it could lead to a further drop towards **0.6142**.
### Key Levels to Watch:
- **Support**: 0.6200, 0.6190, 0.6142
- **Resistance**: 0.6300, 0.6350
At the moment, I’m focused on the possibility of a move towards **0.6350** if the bulls manage to keep pushing higher.
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أغلقت الصفقة: تم الوصول للهدف
إخلاء المسؤولية
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.