FX:AUDUSD   Australian Dollar / U.S. Dollar
Let's look at AUD/USD on 4H chart. We can see price has bounced of the resistance line on ascending channel and now is headed down to support line. Last couple of days we saw some bullish price movement however, price action failed to breakthrough resistance and now price is heading down.

Let us know what you think about this idea and don't be shy to leave a comment as we always try to reply to them :)

Don't forget to follow us here and like our ideas as it helps to grow our channel.
Good luck !
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.