One of the pairs that have been trading in between consistent support and resistance levels in the last weeks is the AUDUSD:
The AUDUSD just triggered a bearish market condition, so as long as the Aussie keeps trading below 0.8968 I will be looking for short trade opportunities. And of course, all long opportunities will be ignored.
I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .