FOUR HOUR CHART
- AUDUSD Four hour chart shows price near resistance line. Four hour chart also shows price getting resisted at the cloud. So bullish traders need a cloud break for a bigger up move to happen.
- Daily chart shows a bull flag like correction. Breakout above the resistance line and 20 day SMA should result in an up move towards 1.0660 at least.
- Getting resisted here at 20 SMA should take this pair towards the support line of the flag.