AUDUSD consolidates in a narrow trading range. What is needed to break out of the cage?

Name: AUDUSD consolidates within a narrow range with key technical targets. Market waits.
Uploaded: 2024-02-27T19:35:28.000Z
Description: The AUDUSD consolidates above the 100 bar MA on the 4-hour chart and key swing area, and below the 200-day MA and 200 bar MA on 4-hour chart.

The AUDUSD consolidates above the 100 bar MA on the 4-hour chart and key swing area, and below the 200-day MA and 200 bar MA on 4-hour chart.

Greg Michalowski

The AUDUSD is mired in a narrow 33 PIP trading range. In doing so, the pair is stuck "in a cage that confines". What is needed to break out and free the pair from its jail?

In this video, I outline the levels in play and explain why they are important for both buyers and sellers. Traders will be looking for a break with momentum.