AUD/USD Analysis (1-Hour Timeframe)

I'm monitoring AUD/USD closely as the price approaches a black trendline. If the trendline is broken, it could signal a bearish move.

My target for this setup is the green support level, which has historically acted as a strong zone of buyer activity. This area could present opportunities for either reducing short positions or watching for a potential bounce.

Key points:

Wait for confirmation of a trendline breakout.
Observe volume and candlestick patterns to validate the move.
Be cautious around the green support level for possible reversals.
Patience is essential for the best entry!