Hello and welcome to my Trade Idea of the currency pair AUD/USD.
Lets start with the Top Down Analysis.
Monthly: Here we see a very strong downtrend with nearly no pullbacks.
Weekly: Weekly is bearish too.
Daily: We draw the very strong trendline on the daily timeframe.
H4: Here we draw the counter trendline and i think that a push to the downside will occur.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: Here we see a very strong downtrend with nearly no pullbacks.
Weekly: Weekly is bearish too.
Daily: We draw the very strong trendline on the daily timeframe.
H4: Here we draw the counter trendline and i think that a push to the downside will occur.
Have a nice day.