dhng88

AUDUSD (20210117)

dhng88 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Monthly Chart:

It has come to a monthly resistance zone where the price is being hammered.

Weekly Chart:

Formation of resistance at the resistance area.

Daily Chart:

Price consolidation is ongoing. There is no clue where it will go after this.
But the overall trend of bullish has been formed.

4H Chart:

Let's wait for the 4H chart to form another lower high and maybe will take off after to go higher high after that.
Comment:
Daily chart shows that the price is moving up today.
Is the lower high formed and the bullish will continue?

Let's wait for price confirmation.
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