audnzd, page-11

In that aud/nzd weekly chart, as price is hitting the bottom of the thick current Cloud above, we can expect some pretty heavy resistance ahead in its effort to go higher. The future Cloud is bearish and thick too, though it is narrowing.

That is a big picture view.

If you hold a smaller time horizon and trade the lower time frame, the picture will be different. There are trends within trends.