AUDUSD for now appears to be held by daily and weekly resistance . On the 4 hour there appears to be a five wave count, a strong trend with extensions in wave 1, 3 and 5.
There is a solid A, B, C wave.
Looking forward to seeing if the daily trend-line resistance holds and we see a continuance down, or a more complex corrective structure. Third option a break and further upward momentum although fundamentally I am unsure what would catalyze that strength.
This is for my trade journal only feel free to comment
Happy and Safe Trading