Long term Outlook: Bearish
Short term Outlook: Bullish
Theory: Since Feb 2021, AUDUSD has been bearish, making Lower-Lows. 28th Jan 2022 we reach a new LL and we are now looking for where it will settle and make a lower-high. On the chart, I have three areas which interest me, all order blocks. Expecting in the next thirty days for price to reach at least the first OB. On a lower timeframe I will wait to see how price interacts with these zones before going short. Short term outlook is bullish as we are in the "lower-high" phase, as we make our way up to those order blocks