Hello and welcome to my Trade Idea of the currency pair AUD/USD.
Let's start with the Top Down Analysis.
Monthly: The monthly timeframe is bearish.
Weekly: We see on the weekly timeframe a very strong bearish trend.
Daily: Daily shows a push to the upside.
H4: On the h4 timeframe we can recognize a counter trendline and expect a push to the low.
Have a nice day.
Let's start with the Top Down Analysis.
Monthly: The monthly timeframe is bearish.
Weekly: We see on the weekly timeframe a very strong bearish trend.
Daily: Daily shows a push to the upside.
H4: On the h4 timeframe we can recognize a counter trendline and expect a push to the low.
Have a nice day.