AUDUSD OVERVIEW for the week commencing on 13th Dec. June 2021
Weekly chart - previous week printed a bullish engulfing, still respecting the previous minor level of support
https://www.tradingview.com/x/3mQn2J4W/
Daily Chart - break of ascending channel to the downside, retracing currently
H4 chart - downtrend just retraced 100%
https://www.tradingview.com/x/PbylCauA/
30m Chart - broke previous level of support, making a new LL. Can just be a corrective or could start a new wave if a LH is established (which i would be looking at the previous level of support which is in line with the 38.2%) level)
https://www.tradingview.com/x/3mQn2J4W/
Daily Chart - break of ascending channel to the downside, retracing currently
H4 chart - downtrend just retraced 100%
https://www.tradingview.com/x/PbylCauA/
30m Chart - broke previous level of support, making a new LL. Can just be a corrective or could start a new wave if a LH is established (which i would be looking at the previous level of support which is in line with the 38.2%) level)
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