AUDUSD (20210117)

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Monthly Chart:
ảnh chụp nhanh

It has come to a monthly resistance zone where the price is being hammered.

Weekly Chart:
ảnh chụp nhanh

Formation of resistance at the resistance area.

Daily Chart:
ảnh chụp nhanh

Price consolidation is ongoing. There is no clue where it will go after this.
But the overall trend of bullish has been formed.

4H Chart:
ảnh chụp nhanh

Let's wait for the 4H chart to form another lower high and maybe will take off after to go higher high after that.
Bình luận
ảnh chụp nhanh
Daily chart shows that the price is moving up today.
Is the lower high formed and the bullish will continue?

Let's wait for price confirmation.
Trend AnalysisWave Analysis

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