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AUDUSD In A Temporary Correction, Possible Reversal Seen At 0.7373

Discussion in 'Technical Analysis' started by Kaitlin, Jun 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    AUDUSD has made five waves down from 0.7836 which is the most important and strong evidence of a bearish trend. However, we always need to be aware of corrective reversals,which are short-lived patterns against that five wave structure. That said,current upward reversal is probably a new contra-trend pattern that will[​IMG]

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