AUDUSD : Correction Within Downtrend

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    AUDUSD keep moving higher, making a pullback from 0.6900 much more bigger and deeper than we firstly thought, but is still a corrective move but more complex than at first sight. An updated count shows a W-X-Y in play from 0.6900 in red wave 4) that can find resistance around 0.7440 in weeks ahead. Ideally downtrend will continue from those levels at the start of next year. AUDUSD, Daily

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