FX:AUDUSD   Australian Dollar / U.S. Dollar
Watch on lower time frame for a strong bullyish engulfing candle

if we break the counter trendline, and close below it. we could be looking for some futher downside on this pair

However, using the Elliott wave , it has helped me to predict where I could potentially see price heading to next

We're in a uptrend channel - and I'm expecting the uptrend to continue going into next upcoming weeks