InvestMate|AUD/USD Time for declines💲

💲AUD/USD Time for declines

💲Post is a direct continuation of the previous post on AUD/USD:

💲After we almost passed the 1:1 level of the biggest correction in the uptrend.

💲We bounced back to double tops again.

💲The time has come to attack the declines once again.

💲This time from a slightly higher ceiling than last time.

💲The support zone again remains on 1:1 level, and this time I also added the fibo level of 0.382 of the entire upward wave.

💲I determined the resistance zone based on the recent tops and the 0.5 level of the whole wave from covid bottom to top.

💲The scenario I am playing out is a continuation of the decline to the support zone with consideration of minor corrections along the way.

💲*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario.

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