The one you watch
The fourth market, the same weekly conflict with the opposite answer, and the three marks that go on a chart you have not traded yet.
The last market is the Australian dollar against the US dollar, symbol AUDUSD, trading at 0.6750.
The reading
The weekly is a buyer. The daily has reacted down from a zone at 0.6790 to 0.6820 and then closed below its last swing low at 0.6740, so the daily is a seller.
The 4 hour had no clean structure at the open. An hour later the 1 hour closed below 0.6755, which made it a seller too.
Weekly against daily again, and this time the fast charts agree with the daily.
Why this one survives and the euro did not
Both markets have the same disagreement between the weekly and the daily. The verdicts are opposite, and the reason is underneath.
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