**Monthly Chart**
Long-term directional Bias is still Bearish. Short-term directional Bias indicates that the price will move higher as the Monthly candle Bounced higher breaking last month's high which indicates the trajectory to be Bullish in the coming months.
**Weekly Chart**
Last week candle closed Bullish which indicates the short-term directional Bias to be Bullish in the next couple of months. It also created OB or manipulation candles from the last two weeks.
**Daily Chart**
There was a good trading opportunity on lower time frames as the price bounced from buy zone. The price currently approaching relatively equal high levels thereby there is liquidity around that level. This indicates that AUDUSD short-term directional Bias is Bullish
Long-term directional Bias is still Bearish. Short-term directional Bias indicates that the price will move higher as the Monthly candle Bounced higher breaking last month's high which indicates the trajectory to be Bullish in the coming months.
**Weekly Chart**
Last week candle closed Bullish which indicates the short-term directional Bias to be Bullish in the next couple of months. It also created OB or manipulation candles from the last two weeks.
**Daily Chart**
There was a good trading opportunity on lower time frames as the price bounced from buy zone. The price currently approaching relatively equal high levels thereby there is liquidity around that level. This indicates that AUDUSD short-term directional Bias is Bullish
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Join our PropSignals Channels on Telegram
t.me/PropsignalAE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.