Today Jan 23, 2020 AUD/USD will try to reach the Orderblock and Fair Value Gap Zone level.


At the 4 hour chart, AUD/USD is now in discount area zone level, after this pair purge all the SELL Stop Order at the Liquidity Pool level (Clean Low) at 0.6851 and 0.6840 AUD/USD form the Double Bottom Eve-Adam Pattern. Presently, this pair is trying to re-balance situation trying to reach the area zone level between the 4 Hour Chart Orderblock at 0.6896 to the Fair Value Gap area, especially at the Fair Value Gap Main Threshold at 0.6910 (Maroon Rectangle) as long this pair does not break out and close bellow the 0.6828 level (4 Hour Chart BUY Side Liquidity Pool) the Aussie is likely to grow to the zone level between 0.6896-0.6910.


The material has been provided by InstaForex Company -