FX:AUDUSD   Australian Dollar / U.S. Dollar
On monthly, there is long wick, the price will cover the wick before continuing uptrend. However, in daily, there is a strong uptrend and corrective structure. will look for uptrend from 38.2 level or 61.8 level. In 4H, there is a descending channel with lower high, lower low formation. will look for breakout and retest to enter a trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.