Approaching Strong resistance: Break Above can change trend..

We can see AUDUSD reaching strong resistance zone... there can be 2 scenarios from there..

1. Price facing resistance and rejected : In this case we would be waiting for price to move lower and close below horizontal support in order to short..

2. Price moving higher and breaking above trendline : In this case we may see possible trendchange towards upside and we will be looking to buy on confirmation of support..

In Anycase next coming days will be consolidation and difficult to trade AUDUSD..