Hi there. On 1h time frame price is forming a continuation pattern to the upside, but at the bigger time frame price is still so strong to the downside. So, for short term there is a possible up move and for medium – longer term wait for the price to hit the top of the pattern, to complete the C wave and watch strong price action for sell. AUD is still very strong, so you have to consider that.
Don’t take a trade if you don’t see clearly when big guys are in.
Don’t take a trade if you don’t see clearly when big guys are in.
Note
On bigger time frame 
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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.