AUDUSD: Price Trading In A Correction, We May See Lower Levels Ahead

Discussion in 'Technical Analysis' started by Kaitlin, Nov 13, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    AUDUSD bounced higher this week to 0.7150 so seems like that bears are not ready to take control just yet. On the updated chart we see wave 4) no still in progress and the reason is a corrective structure from 0.7384. As such, this leg must belong to some bigger[​IMG]

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