AUD/USD IS PUSHING DOWN
Updated
Hi traders,
Weekly Analysis: The market on the Aussie dollar is on a descending channel with swing highs and swing lows in a corrective stage on the weekly. Price is in a bearish impulsive move within the channel.
Daily Analysis: Price is making an ascending channel on the daily within the weekly channel. Price action on the daily is in a bearish correction move to the downside.
Fourly Analysis: Price is making a descending impulsive channel on the fourly within both HTF.
One Hourly Analysis: Price on the hourly, is making a descending impulsive channel as well. However, price could evenually make a smaller bullish correction and then back down for a continuation.
Weekly Analysis: The market on the Aussie dollar is on a descending channel with swing highs and swing lows in a corrective stage on the weekly. Price is in a bearish impulsive move within the channel.
Daily Analysis: Price is making an ascending channel on the daily within the weekly channel. Price action on the daily is in a bearish correction move to the downside.
Fourly Analysis: Price is making a descending impulsive channel on the fourly within both HTF.
One Hourly Analysis: Price on the hourly, is making a descending impulsive channel as well. However, price could evenually make a smaller bullish correction and then back down for a continuation.
Note
Note
Note
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